document.write( "Question 38490: FOr a fixed rate, a fixed principal amount, and a fixed compounding cycle, the return is an exponential function of time. Using the formula, A=P(1 +r/n)nt, let r=8%, P = 1, and n = 1 and give the coordinates (t,A) for the points where t = 0,1,2,3,4. \n" ); document.write( "

Algebra.Com's Answer #24019 by josmiceli(19441) $\"\"$ $\"About$

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$\"A+=+P%2A%281+%2B+r%2Fn%29%5E%28n%2At%29\"$
\n" ); document.write( "r = 8%
\n" ); document.write( "P = 1
\n" ); document.write( "n = 1
\n" ); document.write( "find A in terms of t
\n" ); document.write( " $\"A+=+1%2A%281+%2B+.08%2F1%29%5E%281%2At%29\"$
\n" ); document.write( " $\"A+=+%281+%2B+.08%29%5Et\"$
\n" ); document.write( " $\"A+=+1.08%5Et\"$
\n" ); document.write( "t = 0, A = 1
\n" ); document.write( "t = 1, A = 1.08
\n" ); document.write( "t = 2, A = 1.17
\n" ); document.write( "t = 3, A = 1.26
\n" ); document.write( "t = 4, A = 1.36 \n" ); document.write( "

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