Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) §6.3 Growth and Decay in Science and Economics, #51 · Differential Equations · Applications
What continuous payment … clears a $1000 loan in 60 days, if…
This problem is about the mathematics of finance.
What continuous payment clears a $1000 loan in 60 days, if a loan shark charges 1% per day continuously?
Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) · §6.3 Growth and Decay in Science and Economics, #51
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