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April 25, 2015

Homework Help: math/algebra

Posted by Debbie on Friday, February 27, 2009 at 5:25pm.

Compounded semiannually. P dollars is invested at annual
interest rate r for 1 year. If the interest is compounded
semiannually, then the polynomial P(1+r/2)^2represents the
value of the investment after 1 year. Rewrite this expression
without parentheses. Evaluate the polynomial if

P =$200 and r =10%.

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