Posted by Angel007 on .
P dollars is invested at annual interest rate for 1 year. if the interest is compounded semiannually, then the polynomial p(1+r/2)^2 represents the value of the investment after 1 year. could you rewrite this expression without parentheses. Evaluate the polynomial if p = $200 and r = 10
(1+r/2)^2 = 1 + r + 1/4 *r^2
Put in the value of p, and r, and evaluate. I will be happy to critique your work or thinking.
Check my work.