Important Information About Fixed Rate
Not what you're looking for?
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.
Purchase this Solution
Solution Summary
This solution is comprised of a detailed explanation to show coordinates in this space.
Purchase this Solution
Free BrainMass Quizzes
Graphs and Functions
This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.
Solving quadratic inequalities
This quiz test you on how well you are familiar with solving quadratic inequalities.
Probability Quiz
Some questions on probability
Exponential Expressions
In this quiz, you will have a chance to practice basic terminology of exponential expressions and how to evaluate them.
Geometry - Real Life Application Problems
Understanding of how geometry applies to in real-world contexts