An investment is projected to generate a continuous revenue stream at the rate of R(t) = 40,000e0.02t dollars/year for the next 3 years. If the income stream is invested in a bank that pays interest at the rate of 5.5%/year compounded continuously, find the total accumulated value (in dollars) of this income stream at the end of 3 years. (Round your answer to the nearest dollar.)

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Q: If $12, 000 is invested at a rate of 3% per year compounded continuously, find value of the…

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.