document.write( "Question 805218: Please help me solve this Financial Polynomials equation: P(1 + r/2)^2
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document.write( "When P=5670 and r=3.5 \n" );
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Algebra.Com's Answer #485151 by edjones(8007)![]() ![]() You can put this solution on YOUR website! P(1+(r/2))^2 this is an expression not an equation. \n" ); document.write( "p represents principal $5,670. \n" ); document.write( "r is rate so r should equal 3.5% or 0.035 \n" ); document.write( "5670(1 + .035/2)^2 \n" ); document.write( "=5670(1 + .0175)^2 \n" ); document.write( "=5670(1.0175)^2 \n" ); document.write( "=5670*1.0353... \n" ); document.write( "=~$5870.19 \n" ); document.write( ". \n" ); document.write( "Ed \n" ); document.write( " |