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

Question 21

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The future worth of a present value is modeled using the following function: F(n) =P(1+i) nF ( n ) = P ( 1 + i ) ^ { n } where F= future worth ($) P= present value ($) i= interest rate (%)  n= length of investment (years)  \begin{array} { l } F = \text { future worth } ( \$ ) \\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

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