Question
Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $10000 in the account. Each year the account
Let y(t) represent your bank account balance, in dollars, after t years. Suppose you start with $10000 in the account. Each year the account earns 6% interest, and you deposit $3000 into the account. This can be modeled with the differential equation: dy dt y(0) = 10000 Solve this differential equation for y(t) y(t) = = 0.06y +3000
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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