MATH150AT4

MATH150AT4 - t C P = 1000 Ce 05 t Let P(0 = P C = P-1000 P...

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MATH 150 Cheung Man Wai Amendment of Tutorial note 4 In section 1, personal finance, the calculation should be P 0 = 0 . 05 P - 50 P 0 - 0 . 05 p = - 50 [ e - 0 . 05 t P ] 0 = - 50 e - 0 . 05 t e - 0 . 05 t P = 1000 e - 0 . 05
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Unformatted text preview: t + C P = 1000 + Ce . 05 t . Let P (0) = P , C = P-1000 . P ( t ) = 1000 + ( P-1000) e . 05 t . 1...
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