The dollar valuation V(t) of Batcoin as a function of time t, measured in days, is governed by the differential equation: dV dt -0.04V² + 80V (a) For what initial valuations would Batcoin remain priced at the same level? (b) Sketch a direction field describing this situation. You may assume that the Batcoin valuation never dips below zero. (c) Would Batcoin ever become essentially worthless? Justify your answer. (d) If you purchased a single Batcoin at its market price of $2500 today, approximately how much would your investment be worth six months from now? Use graphical analysis and explain your answer.
The dollar valuation V(t) of Batcoin as a function of time t, measured in days, is governed by the differential equation: dV dt -0.04V² + 80V (a) For what initial valuations would Batcoin remain priced at the same level? (b) Sketch a direction field describing this situation. You may assume that the Batcoin valuation never dips below zero. (c) Would Batcoin ever become essentially worthless? Justify your answer. (d) If you purchased a single Batcoin at its market price of $2500 today, approximately how much would your investment be worth six months from now? Use graphical analysis and explain your answer.
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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Transcribed Image Text:The dollar valuation V(t) of Batcoin as a function of time t, measured in days, is governed
by the differential equation:
dV
dt
-0.04V² + 80V
(a) For what initial valuations would Batcoin remain priced at the same level?
(b) Sketch a direction field describing this situation. You may assume that the Batcoin
valuation never dips below zero.
(c) Would Batcoin ever become essentially worthless? Justify your answer.
(d) If you purchased a single Batcoin at its market price of $2500 today, approximately how
much would your investment be worth six months from now? Use graphical analysis and
explain your answer.
=
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