A(t) = 3000e¹027+ gives the balance after t years of aninitial investment of 3000 dollars which pays 2.7%compounded continuously.a) Find a formula fordAdtb) Find And Interpret A' (8). Include appropriate units.

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Answered: A(t) = 3000e027z initial investment of…

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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A(t) = 3000e027z initial investment of 3000 dollars which pays 2.7% compounded continuously. a) Find a formula for gives the balance after t years of an dA dt b) Find And Interpret A' (8). Include appropriate units.