document.write( "Question 203315: Hi I need help with a word problem involving interest rates Please.
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document.write( "P dollars is invested at annual
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document.write( "interest rate r for 1 year. If the interest is compounded
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document.write( "semiannually, then the polynomial P(1+r/2)^2
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document.write( "represents the value of the investment after 1 year. Rewrite this expression
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document.write( "without parentheses. Evaluate the polynomial if
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document.write( "P= $200 and r= 10%.\r
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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??
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document.write( "Thanks \n" );
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Algebra.Com's Answer #153388 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! Value of investment after 1 year = \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Rewriting the expression without parentheses, we get: \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " Evaluating the polynomial without parentheses, we get:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Value of investment after 1 year = \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "= \n" ); document.write( " \n" ); document.write( " |