Question

I just need to know how to do exponential growth the equations for it are A=P(1+r)^nA1/A0-1

Answer 1

Answer:

The table is shown below:

MONTH SAVINGS

0 900

1 940

2 980

3 1020

4 1060

5 1100

6 1140

7 1180

8 1220

9 1260

10 1300

11 1340

12 1380

Step-by-step explanation:

Given that Tyler starts with a deposit of $900, with an addition of $40 every month, $40 is added to the preceding amount until the last month, we have the table as:

MONTH SAVINGS

0 900

1 940

2 980

3 1020

4 1060

5 1100

6 1140

7 1180

8 1220

9 1260

10 1300

11 1340

12 1380