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A certain small country has $10 billion in paper currency in circulation, and each day $50 million comes into the country’s banks. The government decides to introduce new currency by having the banks replace old bills with new ones whenever old currency comes into the banks. Let x = x(t) denote the amount of new currency in circulation at time t, with x(0) = 0.
(a) Formulate a mathematical model in the form of an initial-value problem that represents the “flow” of the new currency into circulation.
(b) Solve the initial-value problem found in part (a).
(c) How long will it take for the new hills to account for 90% of the currency in circulation?
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Chapter 7 Solutions
Essential Calculus: Early Transcendentals; MAC 2311 Sequence| MAC 2281Sequence USF (Essential Calculus)
- 4. Use method of separation of variable to solve the following wave equation მłu J²u subject to u(0,t) =0, for t> 0, u(л,t) = 0, for t> 0, = t> 0, at² ax²' u(x, 0) = 0, 0.01 x, ut(x, 0) = Π 0.01 (π-x), 0arrow_forwardSolve the following heat equation by method of separation variables: ди = at subject to u(0,t) =0, for -16024 ძx2 • t>0, 0 0, ux (4,t) = 0, for t> 0, u(x, 0) = (x-3, \-1, 0 < x ≤2 2≤ x ≤ 4.arrow_forwardex 5. important aspects. Graph f(x)=lnx. Be sure to make your graph big enough to easily read (use the space given.) Label all 6 33arrow_forwardDecide whether each limit exists. If a limit exists, estimate its value. 11. (a) lim f(x) x-3 f(x) ↑ 4 3- 2+ (b) lim f(x) x―0 -2 0 X 1234arrow_forwardDetermine whether the lines L₁ (t) = (-2,3, −1)t + (0,2,-3) and L2 p(s) = (2, −3, 1)s + (-10, 17, -8) intersect. If they do, find the point of intersection.arrow_forwardConvert the line given by the parametric equations y(t) Enter the symmetric equations in alphabetic order. (x(t) = -4+6t = 3-t (z(t) = 5-7t to symmetric equations.arrow_forwardFind the point at which the line (t) = (4, -5,-4)+t(-2, -1,5) intersects the xy plane.arrow_forwardFind the distance from the point (-9, -3, 0) to the line ä(t) = (−4, 1, −1)t + (0, 1, −3) .arrow_forward1 Find a vector parallel to the line defined by the parametric equations (x(t) = -2t y(t) == 1- 9t z(t) = -1-t Additionally, find a point on the line.arrow_forwardFind the (perpendicular) distance from the line given by the parametric equations (x(t) = 5+9t y(t) = 7t = 2-9t z(t) to the point (-1, 1, −3).arrow_forwardLet ä(t) = (3,-2,-5)t + (7,−1, 2) and (u) = (5,0, 3)u + (−3,−9,3). Find the acute angle (in degrees) between the lines:arrow_forwardA tank initially contains 50 gal of pure water. Brine containing 3 lb of salt per gallon enters the tank at 2 gal/min, and the (perfectly mixed) solution leaves the tank at 3 gal/min. Thus, the tank is empty after exactly 50 min. (a) Find the amount of salt in the tank after t minutes. (b) What is the maximum amount of salt ever in the tank?arrow_forwardarrow_back_iosSEE MORE QUESTIONSarrow_forward_ios
- Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:CengageLinear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
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