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Fixed principal amount and a fixed compounding cycle

Problem:

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 = 8%, 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 decimal place. Also show graph.

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Finance Basics: Fixed principal amount and a fixed compounding cycle

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Finance Basics: Fixed principal amount and a fixed compounding cycle

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