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  2. Topic
    Mathematics
  3. Study Set
    Multivariable Calculus International
  4. Exam
    Exam 9: Differential Equations
  5. Question
    A Sum Of\(\$ 5,000\) Is Invested At\(20 \%\) Interest If\(A ( t )\)
Solved

A Sum Of $5,000\$ 5,000$5,000 Is Invested At 20%20 \%20% Interest If A(t)A ( t )A(t)

Question 3

Question 3

Short Answer

A sum of $5,000\$ 5,000$5,000 is invested at 20%20 \%20% interest. If A(t)A ( t )A(t) is the amount of the investment at time ttt for the case of continuous compounding, write a differential equation and an initial condition satisfied by A(t)A ( t )A(t) .

Correct Answer:

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