Ana opened a bank account with $1000 that earns interest, compounded continuously, at an annual rate of r=0.02 . Money can be withdrawn from

Question

Ana opened a bank account with $1000 that earns interest, compounded continuously, at an annual rate of r=0.02 . Money can be withdrawn from the account at regular intervals, and no additions to the account can be made. The function P models the balance of the account, in dollars, at time t. Assume that Ana withdraws money from the account continuously at a rate of N dollars per year.

Required:
Write down the differential equations that best describes the relationship between P and t?

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Thông Đạt 4 years 2021-09-01T01:24:27+00:00 1 Answers 384 views 0

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    2021-09-01T01:25:41+00:00

    Answer:

    a

    Step-by-step explanation:

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