Mathematics · Difference Equations
Given the difference equation Yt+1 - 1.2Yt = 0, the general solution Yt in terms of t is:
- 1Yt = 1.2C
- 2Yt = C · e1.2t
- 3Yt = C · (1.2)t✓
- 4Yt = C · (0.8)t
Correct answer
Yt = C · (1.2)t
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