Mathematics, 02.07.2020 18:01, rosepederson80

Two thousand dollars is deposited into a savings account at 8.5% interest compounded continuously. (a) What is the formula for A(t), the balance after t years? (b) What differential equation is satisfied by A(t), the balance after t years? (c) How much money will be in the account after 5 years? (d) When will the balance reach $3000? (e) How fast is the balance growing when it reaches $3000?

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Two thousand dollars is deposited into a savings account at 8.5% interest compounded continuously. (...