How much money will be in her account after 8 years

Reference no: EM13189177

The amount, $A, in a Wells Fargo savings account satisfies the differential equation

dA = 0.08A. dt

Katy deposits $100 in such a savings account. Find out how much money will be in her account after 8 years.

Reference no: EM13189177

Questions Cloud

Find a formula for the population p as a function : A population of animals oscillates sinusoidally between a low of 500 on Janary 1 and a high of 700 on July 1. Graph the population against time. Find a formula for the population P as a function of time, t, measured in months since the start of th..

Elias paper on liability of trade associations : I read the Elias paper on liability of trade associations. She hinged it on control. In medical cases, particularly US v. AMA and Wilk V. AMA, which are antitrust cases, the control was exercised by peer pressure subsequently by boards of medicine. A..

What should be charged to maximize profit : r of a concession stand can sell 150 lunches per day at a price of $3 EACH. tHE COST TO THE owner is $2.25 per lunch. Each $0.25 price increase decreases sales by 30 lunches per day. What should be charged to maximize profit?

What is the opportunity cost of catching fish : Maha claims that she could collect 10 oranges or can catch one fish per hour from pond besides their hometown in village while khadija claims that she could collect 2 oranges or 2 fish per 2 hours.what is the opportunity cost of catching fish for ..

How much money will be in her account after 8 years : Katy deposits $100 in such a savings account. Find out how much money will be in her account after 8 years.

What is the standard deviation of payoffs of the asset : A risky asset has two possible outcomes. Outcome 1 pays $20 with 20% probability, and outcome 2 pays $50 with 80% probability. What is the standard deviation of payoffs of this asset

Determine the point of intersection through the given line : Determine the point of intersection through the given line and plane X = (2,3,1) + t(1,-2,-4) t E R and 3x1 - 2x2+5x3=11

What is the average cost of a sofa : Let X be the cost of the sofa. What is the average cost of a sofa if the advertised sofa is $250 and the more expensive sofa is $ 375?

What type of market structure is the auto industry : Compare the automotive manufacturing industry today to the automotive manufacturing industry of the 1950's. Applying the economics of price and output, what is the difference between the industry of today and that of the 1950's. What type of marke..

User Account

All Pages