August 8, 2024 at 10:20 AM A savings account earns 5% interest per year, compounded continuously, continuous withdrawals are made from the account at the rate of $300 per year Recall, the balance of a account with continuously compounding interest and continuous withdrawals is modelled by y₁ = ry - M Set up a differential equation that is satisfied by the amounts f(t) of money in the account at the time t. Sketch the typical solutions of the differential equation. If the account initial balance of $10,000, what is the long tern behavior? r -M

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