Question 33375: I need to find the coordinates and graph, can someone please help?……. 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.
Answer by algebrapro18(249)   (Show Source):
You can put this solution on YOUR website! well just plug numbers into the equation
A=P(1+r/n)^((n)(t))
when t = 0
A = 1(1+.1/1)^0
A = 1
so the first point would be (0,1)
when t = 1
A = 1(1+.1/1)^(1)
A = 11/10
so the next set of coordinates would be (1,11/10) or (1,1.1)
when t = 2
A = 1(1+.1/1)^(2)
A = (11/10)^2
A = 121/100
so the next set of coordinates would be (2,121/100) or (2,1.21)
when t = 3
A = 1(1 + .1/1)^3
A = (11/10)^3
A = 1331/1000
so the next set of coordinates would be (3,1221/1000) or (3,1.331)
I will leave the last one for you to do.
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