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jenyasd209 [6]
2 years ago
10

Linda deposited $200 in an account earning 5% interest compounded annually.

Mathematics
1 answer:
ollegr [7]2 years ago
3 0
5% of $200=$10
she has $210 after the first year
5% of $210=$10.5
she has $220.5 after the second year.
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<u>1. Separate variables:</u>

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<u></u>

<u>2. Find the indefinite integrals</u>

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<u></u>

<u>3. Solve for P</u>

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<u>4. Use the initial condition, P(0) = 4, to find K:</u>

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<u></u>

<u>5. Substitute K = 6 into the integrated equation:</u>

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