For Exercises 3638, use the following information. Suppose you deposit a principal

Chapter 9, Problem 36

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For Exercises 3638, use the following information. Suppose you deposit a principal amount of P dollars in a bank account that pays compound interest. If the annual interest rate is r (expressed as a decimal) and the bank makes interest payments n times every year, the amount of money A you would have after t years is given by A(t) = P (1 + _r n) nt . 36. If the principal, interest rate, and number of interest payments are known, what type of function is A(t) = P (1 + _r n) nt? Explain your reasoning

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