Question
If a sum of money is deposited in a savings account that is paying x percent annual interest the this sum of money increases by a factor of(1+x) squared after 2 years.
multiply this expression.
evaluate the polnomial expression found in part A for an annual interest rate of 50%
x=0.5
multiply this expression.
evaluate the polnomial expression found in part A for an annual interest rate of 50%
x=0.5