11. The rate of a continuous money flow starts at $1000 and increases linearly at a rate of $20 a yearfor 10 years. Graph f(t). Find the capital value if the interest rate if 3% compounded continuously for 10 years. Graph on Desmos. Hint use the data from the problem to find f(t). Accumulated Value = erT f(t)e-rt dt
11. The rate of a continuous money flow starts at $1000 and increases linearly at a rate of $20 a yearfor 10 years. Graph f(t). Find the capital value if the interest rate if 3% compounded continuously for 10 years. Graph on Desmos. Hint use the data from the problem to find f(t). Accumulated Value = erT f(t)e-rt dt
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:11. The rate of a continuous money flow starts at $1000 and increases linearly
at a rate of $20 a yearfor 10 years. Graph f(t). Find the capital value if the
interest rate if 3% compounded continuously for 10 years. Graph on Desmos.
Hint use the data from the problem to find f(t).
Accumulated Value = erT
f(t)e-rt dt
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