Problem

The following information is available for a bank account: DateDepositsWithdrawal...

The following information is available for a bank account:

Date

Deposits

Withdrawals

Balance

5/1

 

 

1512.33

 

220.13

327.26

 

6/1

 

 

 

 

216.80

378.61

 

7/1

 

 

 

 

450.25

106.80

 

8/1

 

 

 

 

127.31

350.61

 

9/1

 

 

 

Use the conservation of cash to compute the balance on 6/1, 7/1, 8/1, and 9/1. Show each step in the computation. Is this a steady-state or a transient computation?

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Solutions For Problems in Chapter 1