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    Calculus Concepts and Contexts
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    Exam 7: Differential Equations
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    $2000 Is Invested at 3% Annual Interest
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$2000 Is Invested at 3% Annual Interest

Question 31

Question 31

Essay

$2000 is invested at 3% annual interest. Find the value of A(t) at the end of t years if:
(a) the interest compounds annually.(b) the interest compounds continuously.

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