11.4_10 Can you please help me with a step by step guide. Thank you very much!
The capital accumulation is given by the definite integral:
Hence, the capital accumulation over an eight-year period is given by:
The integral can be solved by substituting,
Also the limits of the integral change when the variable is changed in a definite integral.
So when t = 0,
When t = 8
Hence, the integral can be written as:
Hence, the capital ...
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