A corporation starts to invest part of its revenue continuously at rate of P dollars per year in a fund for future expansion plans. Assume the fund earns money at an annual interest rate, r, compounded continuously. The rate of growth of the amount A in the fund is given by
dA/dt=rA+P.
Find AA as a function of time for P=200 and r=9%.
In your answer round all coefficients and constants to two decimal places as needed.
1 answer
This is just another LDE. Take a look at your other posts, or review the topic and post what you get.