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Sketch amount of money in the account as a function of time

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Question: Suppose $1000 is put into a bank account and earns interest continuously at a rate of i per year, and in addition, continuous payments are made out of the account at a rate of $100 a year. Find a formula and sketch the amount of money in the account as a function of time if the interest rate is

(a) 5%

(b) 10%

(c) 15%

Reference no: EM131613282

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