Question 819899
You're pretty close.<br>
First of all, never use percents in an equation. Use the decimal or fraction equivalent for the percent instead. So the equations should have 0.01410 (for 1.0410%) and 0.03040 (for 3.040%) in them instead of the percent numbers.<br>
Second, the expression in the parentheses should be: (1 + percent-as-a-decimal) for exponential growth or (1 - percent-as-a-decimal). So the expressions in the parentheses in your functions should be:
(1 + 0.01410) or (1.01410)
and
(1 + 0.03040) or (1.03040)