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FIND A & B & C An investor deposits $9,000 into an account that pays 2% compounded continuously, and then begins to withdraw from the
FIND A & B & C
An investor deposits $9,000 into an account that pays 2% compounded continuously, and then begins to withdraw from the account continuously at a rate of $1.300 per year a. Write a differential equation to describe the situation. b. How much will be left in the account after 6 years? c. When will the account be completely depleted? a. Find the differential equation. Let A represent the account balance in dollars, and let t represent the time in years. dA/dt =Step by Step Solution
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