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6 . ( ) Consider an investment fund at 4 % annual interest ( compounded continuously ) . It starts at $ 1 million dollars
Consider an investment fund at annual interest compounded continuously It starts
at $ million dollars and $ are withdrawn every year you can assume the withdrawals are done
uniformly during the year Write a differential equation for the value of the fund ytvalue in thousands
of dollars might be convenient solve the differential equation, and use the solution to determine how
long the fund will last.
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