Please help out if you can =):
A bank account earns 10% annual interest, compounded continuously. Money is deposited in a continuous cash flow at a rate of $1400 per year into the account.

Write a differential equation that describes the rate at which the balance B is changing.

Question

Please help out if you can =):
A bank account earns 10% annual interest, compounded continuously. Money is deposited in a continuous cash flow at a rate of $1400 per year into the account.

Write a differential equation that describes the rate at which the balance B is changing.

ganeshie8 · Answer

http://www-personal.umich.edu/~wheeles/116Fall2012/diffmodextracredit.pdf