You are setting up a "continuous annuity" trust fund. MOney is continuously transferred from your checking account to the trust fund at the rate of $1000 per year. The account earns 8% interest, compounded continuously. Solve the differential equation using the integrating factor (IF), for the amount, A, as a function of t.
You are setting up a "continuous annuity" trust fund. MOney is continuously transferred from your checking account to the trust fund at the rate of $1000 per year. The account earns 8% interest, compounded continuously. Solve the differential equation using the integrating factor (IF), for the amount, A, as a function of t.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 18T
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You are setting up a "continuous annuity" trust fund. MOney is continuously transferred from your checking account to the trust fund at the rate of $1000 per year. The account earns 8% interest, compounded continuously. Solve the differential equation using the integrating factor (IF), for the amount, A, as a function of t.
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