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Differential EquationsEasyModels & Qualitative Behavior

Models & Qualitative Behavior · Easy problem

A loan balance BB (in dollars) accrues interest continuously at 5%5\% per year while the borrower pays continuously at 60006000 dollars per year, so B′=0.05B−6000B' = 0.05B - 6000. For what starting balance does the balance stay constant forever?