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.
a) Show coordinates in this space
b) Show graph here© BrainMass Inc. brainmass.com October 9, 2019, 10:29 pm ad1c9bdddf
A Complete, Neat and Step-by-step Solution is provided in the attached file.