How do I make this into an exponential equation and then make a simplified version of that equation using this formula?
So this question says I have 2 coins. Coin A has an initial value of $25 and that increases by 7% annualy. Coin B is initially worth $40 and increases 5% annualy.
The formula I need to use is V(t)=P(1+r/n)^nt where the Value (V) after time (t) of the initial investment is calculated using a rate (r) each (n) intervals.
So I need 4 equations. A function for both of the coins using the above formula and then simplified versions of each of those.
Thanks, will give med

Hey! We 've verified this expert answer for you, click below to unlock the details :)

I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!

Forgot to mention, the ammount of time passed has been 45 years so I think t=45

Looking for something else?

Not the answer you are looking for? Search for more explanations.