SOLUTION: P dollars is invested at annunal interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+r/2)^2 represents the value of the investment after
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-> SOLUTION: P dollars is invested at annunal interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+r/2)^2 represents the value of the investment after
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Question 106491: P dollars is invested at annunal interest rate r 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. Rewrite this expression without parentheses. Evaluate the polynomial if P=$200 and r=10%. Answer by checkley75(3666) (Show Source):
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