5670 is invested at a anual intrest rate 3.5% for one year. if the intrest is compounded semiannually then the polynomial P(1+r/2)^2 represent the value of the investment after one year

1 answer

Substitute 5670 for P.

and .035 for r.

add 1 to .035/2

Square that answer and then multipl by 5670