(a) If $4000 is invested at 1.75% interest, find the value of the investment at the end...

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(a) If $4000 is invested at 1.75% interest, find the value of the investment at the end of 5 years if the interest is compounded

(i) Annually, 

(ii) Semiannually, 

(iii) Monthly,

(iv) Weekly, 

(v) Daily, 

(vi) Continuously.

(b) If A(t) is the amount of the investment at time t for the case of continuous compounding, write a differential equation and an initial condition satisfied by A(t).

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Calculus Early Transcendentals

ISBN: 9781337613927

9th Edition

Authors: James Stewart, Daniel K. Clegg, Saleem Watson, Lothar Redlin

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