A P 1 1 where Pis the initial amount The equation for

Last updated: 4/11/2023

A P 1 1 where Pis the initial amount The equation for compound interest is A P invested r is the interest rate as a decimal n is the number of times compounded annually and t is the number of years A person is investing 1000 at an interest rate of 12 interest for 25 years and is curious how much difference the number of compounds n increases the value of the account after 25 years She created the function A n 1000 100 1 0 12 25 What would best describe an appropriate domain of the function The set of Integers i e 2 1 0 1 2 The set of Natural Numbers i e 1 2 3 4 The set of All Real Numbers R where 20 A