- #1
atesme
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1. Assume that y0 dollars is deposited in an account paying r percent compounded continuously. If withdrawals are at an annual rate of 200t dollars (assume these are continuous), find the amount in the account after t years.
2. continuously compounded interest: A(t)=A0*e^rt
3. I have no idea how this works at all. The part that's throwing me off is that the input (200t) dollars affects the interest, and I don't know how to include that in the equation.
2. continuously compounded interest: A(t)=A0*e^rt
3. I have no idea how this works at all. The part that's throwing me off is that the input (200t) dollars affects the interest, and I don't know how to include that in the equation.