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I plan to save 1 0 0 , 0 0 0 won on January 1 , 1 9 1 5 , and 5 , 0
I plan to save won on January and won every day from the next day until December The annual interest rate is and interest is paid compounded daily.
year days, leap years are not considered.
a Find the differential equation that satisfies when the value of the asset after t years is unit: won
The answer is in the form dAdt aA b Ab
b If you were to withdraw your savings on January how much would you receive?
c How many days later will the asset value exceed million won?
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