d. Find the accumulated future value of $1000 invested each year for 10 consecutive years into an account earning 8% interest compounded continuously.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 9T
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knowledge of differential and integral calculus to analyze the following 

*only question d

ay
a. Find the general solution to the differential equation using "Separation of Variables:"
dx
0.08y.
b. Then find the particular solution if y = 10,000 when x = 0.
c. Find the future value of $10,000 invested at 8% interest compounded continuously for 10 years.
d. Find the accumulated future value of $1000 invested each year for 10 consecutive years into an account
earning 8% interest compounded continuously.
Transcribed Image Text:ay a. Find the general solution to the differential equation using "Separation of Variables:" dx 0.08y. b. Then find the particular solution if y = 10,000 when x = 0. c. Find the future value of $10,000 invested at 8% interest compounded continuously for 10 years. d. Find the accumulated future value of $1000 invested each year for 10 consecutive years into an account earning 8% interest compounded continuously.
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