The future worth of a present value is modeled using the following function: $$F ( n ) = P ( 1 + i ) ^ { n }$$ where $F =$ future worth $( \$ )$
$$\begin{array} { l }
P = \text { present value } ( \$ ) \
i = \text { interest rate } ( \% ) \
n = \text { length of investment (years) }
\end{array}$$
Which type of mathematical model is used here to describe the gravitational force?
a. Linear model
b. Nonlinear model
c. Exponential model
d. Trigonometric model

Question

The future worth of a present value is modeled using the following function: $$F ( n ) = P ( 1 + i ) ^ { n }$$ where $F =$ future worth $( \$ )$
$$\begin{array} { l } 
P = \text { present value } ( \$ ) \
i = \text { interest rate } ( \% ) \
n = \text { length of investment (years) }
\end{array}$$
Which type of mathematical model is used here to describe the gravitational force?
a. Linear model
b. Nonlinear model
c. Exponential model
d. Trigonometric model

Quizplus · Accepted Answer

The Answer of The future worth of a present value is modeled using the following function: $$F ( n ) = P ( 1 + i ) ^ { n }$$ where $F =$ future worth $( \$ )$
$$\begin{array} { l } 
P = \text { present value } ( \$ ) \
i = \text { interest rate } ( \% ) \
n = \text { length of investment (years) }
\end{array}$$
Which type of mathematical model is used here to describe the gravitational force?
a. Linear model
b. Nonlinear model
c. Exponential model
d. Trigonometric model

The Future Worth of a Present Value Is Modeled Using F(n)=P(1+i)nF ( n ) = P ( 1 + i ) ^ { n }F(n)=P(1+i)n

The Future Worth of a Present Value Is Modeled Using $F ( n ) = P ( 1 + i ) ^ { n }$