Write down a limit that expresses the amount of money you would get from a bank that
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The procedure banks use to compute continuously compounded interest is similar to the process we used to derive a differential equation. Suppose several banks claim to be giving 5% annual interest and that you have $1000 to deposit.
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Related Book For
Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
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