Ten thousand dollars is deposited in a savings account at 4.6% yearly interest compounded continuously. (a) What

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Ten thousand dollars is deposited in a savings account at 4.6% yearly interest compounded continuously.

(a) What differential equation is satisfied by A(t), the balance after t years?

(b) What is the formula for A(t)?

(d) When will the balance triple?

(e) How fast is the balance growing when it triples?

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Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

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Question Posted: Mar 26, 2023 04:00 AM

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Ten thousand dollars is deposited in a savings account at 4.6% yearly interest compounded continuously. (a) What

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Calculus And Its Applications

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