SOLUTION: . P dollars is invested at annual 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 afte
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-> SOLUTION: . P dollars is invested at annual 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 afte
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Question 158129: . P dollars is invested at annual 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 checkley77(12844) (Show Source):
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