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6 Oct 2020
Let be the amount in a fund earning interest at an annual rate compounded continuously. When a continuous cash flow of dollars per year is withdrawn from the fund, the rate of change of is given by the differential equation
where when . Solve this differential equation for as a function of .
Let be the amount in a fund earning interest at an annual rate compounded continuously. When a continuous cash flow of dollars per year is withdrawn from the fund, the rate of change of is given by the differential equation
where when . Solve this differential equation for as a function of .
Nikko BaronganLv7
14 Nov 2020