Problem

Translate each of the following fitted exponential trend models into a compound interest m...

Translate each of the following fitted exponential trend models into a compound interest model of the form y1 = y0(l + r)t. Hint: See footnote on p. 605.

a. yt = 456e.123t


b. yt = 228e.075t


c. yt = 456e−.038t

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