Suppose $1000 is put into a bank account and earns interestcontinuously at a rate of i
Chapter 11, Problem 37(choose chapter or problem)
Suppose $1000 is put into a bank account and earns interestcontinuously at a rate of i per year, and in addition,continuous payments are made out of the account at a rateof $100 a year. Find a formula and sketch the amount ofmoney in the account as a function of time if the interestrate is(a) 5% (b) 10% (c) 15%
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