subject
Mathematics, 08.11.2019 06:31 nevejames07

Abank account earns 5% annual interest compounded continuously. you wish to make payments out of the account at a rate of $12,000 per year (in a continuous cash flow) for 20 years. i) write a differential equation describing the balance b = f (t), where t is in years. ii) find the solution b = f (t)to the differential equation given an initial balance of b0 in the account. iii) what should the initial balance be such that account has zero balance after precisely 20 years?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
Boris needs to buy plastic spoons. brand a has a box 42 spoons for $2.37. brand b has a box of 72 spoons for $3.57. find the unit price for each brand. then state which brand is the better buy based on the unit price. round your answer to the nearest cent.
Answers: 1
question
Mathematics, 21.06.2019 21:30
Madeline takes her family on a boat ride. going through york canal, she drives 6 miles in 10 minutes. later on as she crosses stover lake, she drives 30 minutes at the same average speed. which statement about the distances is true?
Answers: 3
question
Mathematics, 21.06.2019 22:40
What rotation was applied to triangle def to create d’e’f’?
Answers: 2
question
Mathematics, 22.06.2019 00:30
(c) a vine called the mile-a-minute weed is known for growing at a very fast rate. it can grow up to 0.5 ft per day. how fast in inches per hour can the mile-a-minute weed grow up to? show your work using the correct conversion factors.
Answers: 1
You know the right answer?
Abank account earns 5% annual interest compounded continuously. you wish to make payments out of the...
Questions
question
Mathematics, 06.10.2019 03:50
question
History, 06.10.2019 03:50
Questions on the website: 13722363