Question: The following initial value problems model the payoff of a loan. In each case, solve the initial value problem, for t 0, graph the

The following initial value problems model the payoff of a loan. In each case, solve the initial value problem, for t ≥ 0, graph the solution, and determine the first month in which the loan balance is zero.

B'(t) = 0.004B - 800, B(0) = 40,000

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To solve this initial value problem we will use separation of variables B t 0004B 800 Divide both si... View full answer

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