Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) §6.3 Growth and Decay in Science and Economics, #54 · Differential Equations · Applications
Your income is … per year
This problem is about the mathematics of finance.
Your income is per year. Your expenses are per year. (a) At what future time are they equal? (b) If you borrow the difference until then, how much money have you borrowed?
Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) · §6.3 Growth and Decay in Science and Economics, #54
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