Let f(t) be the balance in a savings account at the end of t years and suppose y = f(t) satisfies the differential equation y' = 0.03y - 7500. (a)Suppose that after one year the balance is $220,000. Is the balance increasing or decreasing at that time? At what rate is it increasing or decreasing at that time? (b)Write the differential equation in the form y'=k(y-M). (c) Describe the differential equation in words. C... (a) The balance is decreasing at a rate of $900 per year. (b) y'= .03(y-250000) (c) Choose the correct answer below. O A. The rate of change of the savings account balance is proportional to the balance at the end of t years and is always increasing. O B. The rate of change of the savings account balance is proportional to the balance at the end of t years and is always decreasing. OC. The rate of change of the savings account balance is proportional to the difference between the balance at the end of t years and $250,000. O D. The differential equation gives the account balance at any time, t.
Let f(t) be the balance in a savings account at the end of t years and suppose y = f(t) satisfies the differential equation y' = 0.03y - 7500. (a)Suppose that after one year the balance is $220,000. Is the balance increasing or decreasing at that time? At what rate is it increasing or decreasing at that time? (b)Write the differential equation in the form y'=k(y-M). (c) Describe the differential equation in words. C... (a) The balance is decreasing at a rate of $900 per year. (b) y'= .03(y-250000) (c) Choose the correct answer below. O A. The rate of change of the savings account balance is proportional to the balance at the end of t years and is always increasing. O B. The rate of change of the savings account balance is proportional to the balance at the end of t years and is always decreasing. OC. The rate of change of the savings account balance is proportional to the difference between the balance at the end of t years and $250,000. O D. The differential equation gives the account balance at any time, t.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
100%

Transcribed Image Text:Let f(t) be the balance in a savings account at the end of t years and suppose y = f(t) satisfies the differential equation y' = 0.03y - 7500.
(a)Suppose that after one year the balance is $220,000. Is the balance increasing or decreasing at that time? At what rate is it increasing or decreasing at that time?
(b)Write the differential equation in the form y'=k(y - M).
(c) Describe the differential equation in words.
(a) The balance is decreasing at a rate of $
-900 per year.
(b) y'= .03(y-250000)
(c) Choose the correct answer below.
A. The rate of change of the savings account balance is proportional to the balance at the end of t years and is always increasing.
B. The rate of change of the savings account balance is proportional to the balance at the end of t years and is always decreasing.
C. The rate of change of the savings account balance is proportional to the difference between the balance at the end of t years and $250,000.
D. The differential equation gives the account balance at any time, t.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images

Recommended textbooks for you

Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated

Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY

Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated

Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY

Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,

