A bank account earns 3% annual interest compounded continuously. Continuous payments are made out of the account at a rate of $11000 per year for 17 years.

(a) Write a differential equation describing the balance in the account (where is a function of , measured in years).

(b) Solve the differential equation given an initial balance of dollars.

(c) What should the initial balance be such that the account has zero balance after precisely 17 years?

You can earn partial credit on this problem.