Question 83425
For a fixed rate, a fixed principal amount and a fixed compounding cycle, the return is an exponential function of time. Using a formula, let r = 10%, 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 nearest tenth's place. 
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A(t) = P(1+r/n)^(nt)
(0,1)
(1,1.1)
(2,1.0192)
(3,1.029)
(4,1.0389)
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Cheers,
Stan H.