The equation A(t) = 3500e gives the balance after t yearsof an initial investment of 3500 dollars which pays 4.2% compounded continuously.dAdt13.a)a) Find a formula for042b) Find and interpret A (8). Include appropriate units.13.b)

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Answered: The equation 4(t) = 3500e042 gives the…

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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The equation 4(t) = 3500e042 gives the balance after t years of an initial investment of 3500 dollars which pays 4.2% compounded continuously. dA dt 13.a) a) Find a formula for b) Find and interpret A (8). Include appropriate units. 13.b)