document.write( "Question 203315: Hi I need help with a word problem involving interest rates Please.
\n" ); document.write( "P dollars is invested at annual
\n" ); document.write( "interest rate r for 1 year. If the interest is compounded
\n" ); document.write( "semiannually, then the polynomial P(1+r/2)^2
\n" ); document.write( "represents the value of the investment after 1 year. Rewrite this expression
\n" ); document.write( "without parentheses. Evaluate the polynomial if
\n" ); document.write( "P= $200 and r= 10%.\r
\n" ); document.write( "\n" ); document.write( "My Try: I know I have to substitute the numbers in for the variables, but not sure how to solve after that. 200(1+10%/2)^2 = 200+220/2=110^2=220??
\n" ); document.write( "Thanks
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Algebra.Com's Answer #153388 by MathTherapy(10552)\"\" \"About 
You can put this solution on YOUR website!
Value of investment after 1 year = \"P%281%2Br%2F2%29%5E2\"\r
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\n" ); document.write( "\n" ); document.write( "Rewriting the expression without parentheses, we get: \r
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\n" ); document.write( "\n" ); document.write( "\"P%281%2Br%2F2%29%281%2Br%2F2%29\" = \"P%2A%281%2B%28r%2F2%29%2B%28r%2F2%29%2B%28r%5E2%2F4%29%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"P%2A%281%2B%282r%2F2%29%2B%28r%5E2%2F4%29%29\" = \"P%2B%282Pr%2F2%29%2B%28Pr%5E2%2F4%29%29\"\r
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\n" ); document.write( "\n" ); document.write( "\"%284P%2B4Pr%2BPr%5E2%29%2F4\"\r
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\n" ); document.write( "\n" ); document.write( " Evaluating the polynomial without parentheses, we get:\r
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\n" ); document.write( "\n" ); document.write( "Value of investment after 1 year = \"%284P%2B4Pr%2BPr%5E2%29%2F4\", where P = $200, and r = 10%, or .1\r
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\n" ); document.write( "\n" ); document.write( "\"%284P%2B4Pr%2BPr%5E2%29%2F4\" = \"%28%284%2A200%29%2B%284%2A200%2A.1%29%2B%28200%2A%28.1%5E2%29%29%29%2F4\"\r
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\n" ); document.write( "\n" ); document.write( "= \"%28800+%2B+80+%2B+2%29%2F4\" = \"882%2F4\" = $\"highlight_green%28220.50%29\"
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