Business
Business, 05.05.2020 08:11, Naviascales7018

Suppose instead the $1200 is deposited into an empty bank account in a continuous cash flow at a rate of $1200 per year, and that it earns 3% interest compounded continuously. Set up and solve an initial value problem, and find the balance in the account at t = 10. How do you expect this answer to compare to the previous question? See if your intuition is correct.

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