Fixed rate
Not what you're looking for?
4) 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) rt, let r = 8%, p = 1, and n = 1
and give the coordinates (t,A) for the points where t = 0, 1, 2, 3, 4.
Purchase this Solution
Solution Summary
This provides an example of working with a financial equation.
Purchase this Solution
Free BrainMass Quizzes
Probability Quiz
Some questions on probability
Solving quadratic inequalities
This quiz test you on how well you are familiar with solving quadratic inequalities.
Graphs and Functions
This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.
Exponential Expressions
In this quiz, you will have a chance to practice basic terminology of exponential expressions and how to evaluate them.
Multiplying Complex Numbers
This is a short quiz to check your understanding of multiplication of complex numbers in rectangular form.