document.write( "Question 77544: 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.
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\n" ); document.write( "a) Show coordinates in this space. \r
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Algebra.Com's Answer #55623 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. 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.
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\n" ); document.write( "Amt = P=(1+r/n)^(nt)
\n" ); document.write( "A = 1(1+0.08/1)^(1*t)
\n" ); document.write( "A = (1.08)^t
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\n" ); document.write( "a) Show coordinates in this space.
\n" ); document.write( "If t=0, A= 1
\n" ); document.write( "If t=1, A=1.08
\n" ); document.write( "If t=2, A=1.08^2
\n" ); document.write( "If t=3, A= 1.08^3
\n" ); document.write( "If t=4, A= 1.08^4
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\n" ); document.write( "b) Show graph here.\r
\n" ); document.write( "\n" ); document.write( "\"graph%28400%2C300%2C-10%2C10%2C-10%2C10%2C1.08%5Ex%29\"
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\n" ); document.write( "cheers,
\n" ); document.write( "Stan H.
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