document.write( "Question 67630: I cant figure this out. Please help.\r
\n" ); document.write( "\n" ); document.write( "4) For a fixed rate, a fixed principal amount, and a fixed compounding cycle, the return is an exponential function of time. Using the formula, , let r = 8%, 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 hundredth's place.\r
\n" ); document.write( "\n" ); document.write( "a) Show coordinates in this space. \r
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\n" ); document.write( "\n" ); document.write( "b) Show graph here.\r
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Algebra.Com's Answer #48131 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
For a fixed rate, a fixed principal amount, and a fixed compounding cycle, the return is an exponential function of time.
\n" ); document.write( "A = P(1+r/n)^(nt) is the exponential formula for determining the value
\n" ); document.write( "of an investment (P) that is growing at a compounded rate.
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\n" ); document.write( " Using the formula, , let r = 8%, 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 hundredth's place.
\n" ); document.write( "A(t)=1(1+0.08/1)^(1*t)= (1.08)^t
\n" ); document.write( "A(0)= =1
\n" ); document.write( "A(1) =1.08
\n" ); document.write( "A(2)= 1.08^2=1.17
\n" ); document.write( "A(3)=1.26
\n" ); document.write( "A(4)=1.36
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\n" ); document.write( "a) Show coordinates in this space. \r
\n" ); document.write( "\n" ); document.write( "(0,1), (1,1.08), (2,1.17), (3,1.26), (4,1.36)\r
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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