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For a fixed rate, a fixed principal amount, and a fixed compounding cycle, the return is an exponential function of time. Using...Asked by Jade
For a fixed rate, a fixed principal amount, and a fixed compounding cycle, the return is an exponential function of time. Using the 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 hundredth's place. Show coordinates and how would I show the graph?
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