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Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) §6.3 Growth and Decay in Science and Economics, #48 · Differential Equations · Applications

When …, how much is the deposit of … at time …

This problem is about the mathematics of finance.

When $d y / d t = cy + 4$ , how much is the deposit of $4 d T$ at time $T$ worth at the later time $t$ ? What is the value at $t = 2$ of deposits $4 d T$ from $T = 0$ to $T = 1$ ?

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Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) · §6.3 Growth and Decay in Science and Economics, #48

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