Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $30000 in the account. Each year the account earns 7% interest, and you withdraw $5000. Write the differential equation modeling this situation. dy dt y(0) = II
Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $30000 in the account. Each year the account earns 7% interest, and you withdraw $5000. Write the differential equation modeling this situation. dy dt y(0) = II
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.1: Exponential Functions
Problem 3YT: YOUR TURN Find the amount after 4 years if 800 is invested in an account earning 3.15 compounded...
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