The following initial value problem model the payoff of a loan. In each case, solve the initial value problem, for t ≥ 0, graph the solution, and determine the first month in which the loan balance is zero. B'(t) = 0.0075B - 1500, B(0) = 100,000
The following initial value problem model the payoff of a loan. In each case, solve the initial value problem, for t ≥ 0, graph the solution, and determine the first month in which the loan balance is zero. B'(t) = 0.0075B - 1500, B(0) = 100,000
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 60SE: The formula for the amount A in an investmentaccount with a nominal interest rate r at any timet is...
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The following initial value problem model the payoff of a loan. In each case, solve the initial value problem, for t ≥ 0, graph the solution, and determine the first month in which the loan balance is zero.
B'(t) = 0.0075B - 1500, B(0) = 100,000
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