Question: Use the model A = Pel, where A is the amount of the investment over time, P is the principal invested, r is the fixed

Use the model A = Pel, where A is the amount of the investment over time, P is the principal invested, r is the fixed interest rate (as a decimal), and t is the amount of time in years, to model the growth of an investment that has interest being compounded continuously. Write the formula to represent the scenario. State the constant percentage change over time. Suppose P =$1280 and r = 5.1%. The formula representing the given scenario is A = (Type your answer using exponential notation. Use integers or decimals for any numbers in the expression.)

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