A Sum Of $\$ 2170$ Is Invested At $11 \%$ Interest If $A ( t )$

question 25

Short Answer

A sum of $\$ 2170$ is invested at $11 \%$ interest. If $A ( t )$ is the amount of the investment at time $t$ for the case of continuous compounding, write a differential equation and an initial condition satisfied by $A ( t )$ .