Suppose $15000 is invested annually into an annuity that earns 6% interest. If P dollars are invested annually at an interest rate of r, the value of the annuity aftern years is given by the following equation. |(1 + r)n – W= P| How much is the annuity worth after 17 yr? The annuity will be worth $. (Do not round until the final answer. Then round to the nearest cent as needed.)

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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.