Differential EquationsMediumNumerical Methods: Euler to Runge–Kutta
Numerical Methods: Euler to Runge–Kutta · Medium problem
A savings balance grows according to (continuous annual interest), . Using one step of the classical RK4 method with year, estimate the balance after one year, and find the estimated interest earned that year (balance after one year minus the initial $800). Round to the nearest cent.