Homework Help: math

Posted by janae on Monday, February 18, 2013 at 3:54pm.

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

math - JJ, Monday, February 18, 2013 at 4:42pm
Substitute 5670 for P.

and .035 for r.

add 1 to .035/2

Square that answer and then multipl by 5670

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