Please explain how to solve, thank you! A bank pays compounded interest each year. Sue deposits $100 in the account, and after 3 years Sue has $150 in her account.Write the differential equation for the rate of change of the balance of the account, B(t), over time.○ B(t) = 100e(0.135)t○ B(t) = 150e(0.135)O B(t) = 150e(13.5)t○ B(t) = 100p(1.35)

Answered: A bank pays compounded interest each…

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter4: Exponential And Logarithmic Functions

Section4.CT: Chapter Test

Problem 11CT

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