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Recall the algebraic rules of exponents.
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Each change to the parent function will transform the graph.
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To determine the interest, we can use this formula, where A represents the total balance, the principal, P, is the initial investment, r is the interest rate (expressed as a decimal), n is the number of compoundings per year, and t is the time in a year.
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The number e = 2.718281828... is an irrational, transcendental number known as the natural base.
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