document.write( "Question 1188037: Suppose you want to start saving for retirement. You decide to continuously invest $5000 of your income each year in a risk-free investment with a 5% yearly interest rate, compounded continuously.\r
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document.write( "If y is the value of the investment, and t is in years:
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document.write( "dy/dt= \r
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document.write( "Your answer should be in terms of y.\r
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document.write( "You start investing at t=0 so y(0)=0.
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document.write( "y(t)=
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document.write( "What is the size of your investment after 15 years.
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document.write( "y(15)=
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Algebra.Com's Answer #819092 by ikleyn(52788)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "How you formulate/create your problem, it makes it clear that you do not understand \r \n" ); document.write( "\n" ); document.write( "the meaning of your words and do not know the standard terminology and basic conceptions in this area.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "To get basic knowledge on the subject, read and learn from this lesson\r \n" ); document.write( "\n" ); document.write( " - Problems on continuously compounded accounts \r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |