SOLUTION: This is a tough one for me. I am learning how to graph coordiantes but there is a catch. I have to do the following in order to graph it and I am sooo confused! If you could help m

Algebra ->  Graphs -> SOLUTION: This is a tough one for me. I am learning how to graph coordiantes but there is a catch. I have to do the following in order to graph it and I am sooo confused! If you could help m      Log On


   



Question 25418: This is a tough one for me. I am learning how to graph coordiantes but there is a catch. I have to do the following in order to graph it and I am sooo confused! If you could help me I would be ever so grateful!
For a fixed rate, a fixed principle 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.
Show the coordinates. Graph.
This is what I got and I believe it is wrong:
A=1(1+.10/1)
A=1+.10
A=1.1

Answer by longjonsilver(2297) About Me  (Show Source):
You can put this solution on YOUR website!
well, you have to be sure what r is...is it quoted as a percentage, ie 10 or as a decimal version ie 0.1? I do not know, as i do not know the full question.

you get A = (1+10)t --> A = 11t
OR
you get A = (1+ 0.1)t --> A = 1.1t

Either way, it will be a straight line through the original. The only thing that will alter is the gradient.

Put your t values in and get the corresponding A values and plot them.

Jon.