Mathematics, 14.09.2019 06:30 1044537

Mr. brown has taken out a loan of value $1,000 with a 5% apr. he has been paying off the loan at a constant rate of r = $150/year. set up a linear ode for the balance of the loan p(t) as a function of time t in years. [if you're having trouble getting started, see example 2 from

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Mr. brown has taken out a loan of value $1,000 with a 5% apr. he has been paying off the loan at a c...