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Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $50000 in the account. Each year the account earns
Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $50000 in the account. Each year the account earns 7% interest, and you deposit $3000 into the account. This can be modeled with the differential equation: dy/dt=0.07y+3000
y(0)=50000
Solve this differential equation for y(t)
y(t) =
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