Question:

Five thousand dollars is deposited into a savings account at

Last updated: 9/15/2023

Five thousand dollars is deposited into a savings account at

Five thousand dollars is deposited into a savings account at 7 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 8000 e How fast is the balance growing when it reaches 8000 a A t