You are setting up a "continuous annuity" trust fund. Money is continuously transferred from your checking acc compounded continuously. Given A(0) = 0, solve the differential equation for the amount, A, as a function of t. [Use two decimal places where necessary] A(t) = |

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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You are setting up a "continuous annuity" trust fund. Money is continuously transferred from your checking account to the trust fund at $1000 annually. The account earns 8% interest,
compounded continuously.
Given A(0) = 0, solve the differential equation for the amount, A, as a function of t.
[Use two decimal places where necessary]
A(t) =
Transcribed Image Text:You are setting up a "continuous annuity" trust fund. Money is continuously transferred from your checking account to the trust fund at $1000 annually. The account earns 8% interest, compounded continuously. Given A(0) = 0, solve the differential equation for the amount, A, as a function of t. [Use two decimal places where necessary] A(t) =
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