how do i find the closed form solution of this differnce equation? pls help! (not in matlab script)

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Saadia Ali
Saadia Ali on 20 Dec 2019
Answered: ME on 20 Dec 2019
y_n=1.03(y_(n-1) )+(1.04)^n (500)-150

Answers (1)

ME on 20 Dec 2019
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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