document.write( "Question 64208: 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 = 10%, P = 1, and n = 1 and give the coordinates (t,A) for the points where t = 0,1,2,3,4. Round your answer to the hundreth's place. Show graph \n" ); document.write( "
Algebra.Com's Answer #44867 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A=P(1+r/n)^nt, let r = 10%, P = 1, and n = 1 and give the coordinates (t,A) for the points where t = 0,1,2,3,4. Round your answer to the hundreth's place. Show graph \n" ); document.write( "--------- \n" ); document.write( "A(t)=P(1+(r/n))^nt) \n" ); document.write( "A(0)=1(1+0.1/1)^(1*0)=1(1.01)^(0)=1 \n" ); document.write( "A(1)=1(1+0.1/1)^(1*1)=1.01 \n" ); document.write( "A(2)=1(1+0.1/1)^(1*2)=1.01^2=1.0201 \n" ); document.write( "A(3)=1(1+0.1/1)^(1*3)=1.01^3=1.0303 \n" ); document.write( "A(4)= I'll leave this to you. \n" ); document.write( " \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |