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# If you invest \$x\$ dollars at 4\$\%\$ interest compounded annually,then the amount \$A(x)\$ of the investment after one year is \$A(x)=1.04 x .\$ Find \$A \circ A, A\$ o \$A\$...

## Question

###### If you invest \$x\$ dollars at 4\$\%\$ interest compounded annually,then the amount \$A(x)\$ of the investment after one year is \$A(x)=1.04 x .\$ Find \$A \circ A, A\$ o \$A\$ o \$A,\$ and \$A \circ A \circ A \circ A .\$ What do these compositions represent? Find a formula for the com- position of \$n\$ copies of \$A .\$

If you invest \$x\$ dollars at 4\$\%\$ interest compounded annually,then the amount \$A(x)\$ of the investment after one year is \$A(x)=1.04 x .\$ Find \$A \circ A, A\$ o \$A\$ o \$A,\$ and \$A \circ A \circ A \circ A .\$ What do these compositions represent? Find a formula for the com- position of \$n\$ copies of \$A .\$

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