Of course! It's called motion path keyframing.
I dedicate a chapter in my book to it, step by step. But you can also learn how to do it by downloading the free PDF "Basic Keyframing" from http://Muvipix.com.
Just go type "basic keyframing" in the product search box on the home page to find it.
i'll go check it out! thank you!!
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Because of the power of Keyframing (not only can you Keyframe the Fixed Effects>Motion>Position and Motion>Scale, but also many other Effects, that you would wish to add), every moment spent learning the ins & outs of Keyframing will pay dividends. Steve does one of the best jobs of explaining Keyframing, that I have seen.
Also, initially it will seem like a lot of work, but it gets easier, and easier, and the "power" of Keyframing can be "intoxicating!"
Good luck, and happy Keyframing,
You can learn more about keyframes at the website for Adobe help:
And in Chapter 7(Animating Effects and Clips) of the following video tutorial: