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(this 2 is superscript) represents the value of
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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(this 2 is superscript) represents the value of
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Question 173270: 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(this 2 is superscript) represents the value of the investment after 1 year. Rewrite the expression without parenthesis. Evaluate the polynomial if P=$200 and r=10% Answer by nerdybill(7384) (Show Source):
