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Important Information About Fixed Rate

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. Round the A value to the tenth's place.

a. show coordinates in this space.

b. show graph here.

Solution Summary

This solution is comprised of a detailed explanation to show coordinates in this space.