If you invest x dollars at 4% interest compounded annually, then the amount Asxd of the

Chapter 1, Problem 56

(choose chapter or problem)

If you invest x dollars at 4% interest compounded annually, then the amount Asxd of the investment after one year is Asxd 1.04x. Find A 8 A, A 8 A 8 A, and A 8 A 8 A 8 A. What do these compositions represent? Find a formula for the composition of n copies of A.

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