Question

The rate of change in the value of Joe's investment in Bitcoin obeys the differential equation...

The rate of change in the value of Joe's investment in Bitcoin obeys the differential equation dV/dt= 0.12V, where t is measured in years.

a) If the present Value of Joe's investment is $20,544.33, how much did Bill invest initially 6 years ago?

b) What is the rate of change in the investment at year 10?

c) Use a differential to approximate the value of Joe's investment a month after 10 years.

Math   Calculus   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The radioactive isotope radium-226 decays according to the differential equation dR dt = −4.2787 × 10−4R,...
The radioactive isotope radium-226 decays according to the differential equation dR dt = −4.2787 × 10−4R, where R is measured in milligrams (mg) and t in years. (a) Determine the half-life λ of radium-226 . (b) If 50 mg of radium-226 are present today, how much will remain in 100 years?
1. Find the rate of change of y with respect to x at the indicated value...
1. Find the rate of change of y with respect to x at the indicated value of x. y = x tan(x) 3 sec(x) ;    x = 0 y' = _____ 2.  The total world population is forecast to be P(t) = 0.00066t3 − 0.0713t2 + 0.84t + 6.04    (0 ≤ t ≤ 10) in year t, where t is measured in decades, with t = 0 corresponding to 2000 and P(t) is measured in billions. (a) World population is forecast to peak...
You have your choice of two investment accounts. Investment A is a 6-year annuity that features...
You have your choice of two investment accounts. Investment A is a 6-year annuity that features end-of-month $3,000 payments and has an interest rate of 8 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an interest rate of 10 percent, also good for 6 years. How much money would you need to invest in B today for it to be worth as much as Investment A 6 years from now? (Do not round intermediate calculations and...
(T/F) The higher the discount rate or interest rate the lower my PV (Present Value) (T/F)...
(T/F) The higher the discount rate or interest rate the lower my PV (Present Value) (T/F) The further out I receive a FV, the higher the PV (T/F) The more time I have to invest the lower my FV (future value) (T/F) The higher the interest rate the higher the FV (T/F) The more money I invest the higher FV What is the FV of $50,000 invested today in 9 years if I can earn 5%? What is the FV...
What is the present value of $10,000 to be received in 6 years? Your required rate...
What is the present value of $10,000 to be received in 6 years? Your required rate of return is 8% per year. If you invest $1,000 a year for 20 years at 7% annual interest, how much will you have at the end of the 20th year? If you buy a 5 year, 3% CD for $2,000. How much is it worth at maturity? How much would you be willing to pay today for an investment that pays $900 per...
a. An investment will pay you $17,000 in 8 years. The appropriate discount rate is 10...
a. An investment will pay you $17,000 in 8 years. The appropriate discount rate is 10 percent compounded daily. Required: What is the present value? b. You are planning to make monthly deposits of $60 into a retirement account that pays 9 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 16 years? c. You are planning to save for retirement over the next 25 years....
Intermediate 1. Multiple compounding periods: Find the future value of an investment of $2,500 made today...
Intermediate 1. Multiple compounding periods: Find the future value of an investment of $2,500 made today for the following rates and periods: a.            6.25 percent compounded semiannually for 12 years b.            7.63 percent compounded quarterly for 6 years c.            8.9 percent compounded monthly for 10 years d.            10 percent compounded daily for 3 years 2. Multiple compounding periods: Find the present value of $3,500 under each of the following rates and periods. a.            8.9% compounded monthly for five years. b.          ...
If your company acquires a large long-term debt, what is the corresponding change to the balance...
If your company acquires a large long-term debt, what is the corresponding change to the balance sheet? A. Assets (cash) decrease and liabilities (LT debt) increase. B. Assets (cash) increase and liabilities (LT debt) increase. C. Assets (cash) increase and liabilities (LT debt) decrease. D. Assets (cash) decrease and liabilities (LT debt) decrease. You invest all the money you earned during your summer sales job (a total of $45,000) into the stock of a company that produces fat and carb-free...
Instructions: use the correct Compound interest table to solve -Future value of 1 (future value of...
Instructions: use the correct Compound interest table to solve -Future value of 1 (future value of a single sum) -Present value of 1 (present value of a single sum) -Future value of an ordinary annuity of 1 -Present value of an ordinary annuity of 1 -Present value of an annuity Due of 1 A. If $4,000 is deposited into an investment account yielding 10% every 6 months starting on 1/1/2018, what amount will be available in the investment account in...
3. Consider the region R in the first quadrant enclosed by y = x, y =...
3. Consider the region R in the first quadrant enclosed by y = x, y = x/2, and y = 5. (a) Sketch this region, making sure to identify and label all points of intersection. (b) Find the area of R, using the method of your choice. (c) Using the method of your choice, set up an integral for the volume of the solid resulting from rotating R around the y-axis. Do NOT evaluate the integral. (d) Using the method...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT