Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $50000 in the account. Each year the account earns 4% interest, and you deposit $5000 into the account. This can be modeled with the differential equation: dy dt y(0) Solve this differential equation for y(t) = y(t) = = 0.04y + 5000 50000
Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $50000 in the account. Each year the account earns 4% interest, and you deposit $5000 into the account. This can be modeled with the differential equation: dy dt y(0) Solve this differential equation for y(t) = y(t) = = 0.04y + 5000 50000
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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