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September 30, 2014

Homework Help: Algebra

Posted by Angel007 on Sunday, July 31, 2005 at 6:25pm.

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.

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