3. Suppose that Katanga Motors' share of the new cars sold in Ghana is charging at the rate of f(t) = -0.01875t2 + 0.15t – 12, (0

Q: 1. (a) If $4500 is put in the bank today at 1.5% interest compounded continuously, how much will the…

A: (a) To find: The amount after 3 years. Given information: The invested amount is $54000 and rate of…

Q: When a deposit of $1000 is made into an account paying 4% interest, compounded annually, the…

A: Given :   Formula for average rate of change :

Q: 3.) Suppose that deflation occurs in the U.S. economy and that the CPI (as a measure of f) is…

A:

Q: Khamis  deposited  RO. 12,000 each  in two different banks ,bank A and bank B   at a rate of 3.1 %…

A:

Q: (6) A

A:

Q: 27. How long will it take money to double if it invested at 6% compounded monthly? 9% compounded…

A: If P=initial investment, r = interest rate compounded monthly  and A= amount after t years , then we…

Q: Extra #2. For a fully discrete whole life insurance on 1000 on the select life [60] (a) Ultimate…

A: To calculate the net premium policy value at the end of year 5 for this insurance, we need to use a…

Q: 2. An insurance company uses the model above to calculate premiums for a special T-year term life…

A: (ii) Calculating the policy value at different time points:The policy value at time 𝑡 in state 𝑂…

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.