Asked by Tracy

P dollars is invested at annual interest rate r for 1year If the interest is compounded semiannually then the polynomial P(1+r/2)^2 represents the value of the investment after 1 year. rewrite the expressions without parentheses evaluate the polynomial if P=5670 and r=3.5%

Answers

Answered by Kuai

5760(1+ .035/2)^2

5760(1 + 0.0175)^2

5760(1.0175)^2 = ?
Answered by Kuai


5670(1+ .035/2)^2

5670(1 + 0.0175)^2

5670(1.0175)^2 = ?
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