Question
compouned semiannually P dollars is invested at annual rate. r for 1 year. If the intrest is compounded semiannually then the polynomial P(1+r/2)by the second power represent the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if P= 200 and r=10%
Answers
Look at both #1 and #2 in Related Questions, below.
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