subject
Mathematics, 16.04.2020 02:01 sarath30

A certain small country has $10 billion in paper currency in circulation, and each day $50 million comes into the country's banks. The government decides to introduce new currency by having the banks replace old bills with new ones whenever old currency comes into the banks. Since both old bills and new bills will come into the banks while the new currency is gradually introduced, we will need to solve a differential equation to track the amount of new currency in circulation at a given time. Let x (t) denote the amount of new currency, in billions of $, in circulation after t days. We've shown that new currency is introduced at the rate 10 - x (t) / 10 0.05, which simplifies to 0.005 (10 - x (t)). This justifies that x (t) satisfies the differential equation dx / dt = 0.005 (10 - x). (a) Solve the differential equation to find x (t). (b) At what time t will new bills make up 90% of the currency in circulation?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
12 point are triangles pqr and stu congruent? what is the congruency that proves they are congruent? what is the perimeter of triangle pqr?
Answers: 2
question
Mathematics, 21.06.2019 21:30
Due to a packaging error, 4 cans labeled diet soda were accidentally filled with regular soda and placed in a 12 pack carton of diet soda. two cans were randomly selected from this 12 pack. what is the probability that both cans were regular soda?
Answers: 2
question
Mathematics, 21.06.2019 23:30
The longer leg of a 30-60-90 trangle is 18
Answers: 1
question
Mathematics, 22.06.2019 03:30
Atown recently dismissed 5 employees in order to meet their new budget reductions. the town had 5 employees over 50 years of age and 19 under 50. if the dismissed employees were selected at random, what is the probability that exactly 2 employees were over 50? express your answer as a fraction or a decimal number rounded to four decimal places.
Answers: 1
You know the right answer?
A certain small country has $10 billion in paper currency in circulation, and each day $50 million c...
Questions
question
Mathematics, 07.03.2020 05:54
Questions on the website: 13722361