Question 33166This question is from textbook college algebra
: Questions: 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) n^2 , let r = 10%, P = 1, and n = 1 and give the coordinates (t, A) for the points where t = 0, 1, 2, 3, 4.
a)Show coordinates in this space and show graph. Please?
This question is from textbook college algebra
Answer by venugopalramana(3286)   (Show Source):
You can put this solution on YOUR website! R=10%= 10/100
P= 1 R= 0.1 N= 1
A=1*{1+(0.1/1)}^(1*T)...PUTTING T=0,1,2,3,4 WE GET
T A
0 1
1 1.1
2 1.21
3 1.331
4 1.4641
GRAPH IS GIVEN BELOW
|
|
|
