Using the discrete-time dynamical system and the derivation of Equation 1.10.7, find pt, mt+1, bt+1 and pt+1

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Using the discrete-time dynamical system and the derivation of Equation 1.10.7, find pt, mt+1, bt+1 and pt+1 in the following situations.
s = 1.2, r = 2.0, mt = 1.2 × 105, bt = 1.5 × 106.

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Modeling the Dynamics of Life Calculus and Probability for Life Scientists

ISBN: 978-0840064189

3rd edition

Authors: Frederick R. Adler

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Question Posted: Apr 14, 2016 05:13 AM

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Using the discrete-time dynamical system and the derivation of Equation 1.10.7, find pt, mt+1, bt+1 and pt+1

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Modeling the Dynamics of Life Calculus and Probability for Life Scientists

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