Asked by janae
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
Answers
Answered by
JJ
Substitute 5670 for P.
and .035 for r.
add 1 to .035/2
Square that answer and then multipl by 5670
and .035 for r.
add 1 to .035/2
Square that answer and then multipl by 5670
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