how do i find the closed form solution of this differnce equation? pls help! (not in matlab script)
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y_n=1.03(y_(n-1) )+(1.04)^n (500)-150
Answers (1)
ME
on 20 Dec 2019
0 votes
Assuming you just want to find the equilibrium value rather than a solution for all time. Then just set y = y_n = y_(n-1) and rearrange to get the expression in terms of y. That will be your equilibrium value.
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on 20 Dec 2019
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