Business Calculus Quiz
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DIFFERENTIAL EQUATIONS (BUSINESS MODELS)
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An investment account grows according to dAdt=0.065A+1200\frac{dA}{dt} = 0.065A + 1200, where A(t)A(t) is the account balance in dollars and tt is time in years. The account starts with $5,000. This model differs from pure exponential growth because of the constant term. What is the account balance after 5 years?
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