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Tank A contains 50 gallons of water in which 2 pounds of salt has been dissolved. Tank B contains 30 gallons of water in which 3 pounds of salt has been dissolved. A brine mixture with a concentration of 0.8 pounds of salt per gallon of water is pumped into tank A at the rate of 3 gallons per minute. The well-mixed solution is then pumped from tank A to tank B at the rate of 4 gallons per minute. The solution from tank B is also pumped through another pipe into tank A at the rate of 1 gallonper minute, and the solution from tank B is also pumped out of the system at the rate of 3 gallons per minute. The correct differential equations with initial conditions for the amounts, and , of salt in tanks A and B, respectively, at time t are
Owner Financing
A financing arrangement where the seller extends credit to the buyer to purchase the seller's property.
Shares
Units of ownership in a company, representing a proportion of the corporation's capital, giving the shareholder a right to its profits.
Cumulative Dividends
Preferred stock dividends that accumulate if not paid as scheduled and must be paid out before dividends can be distributed to common shareholders.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock and typically doesn't have voting rights.
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