(See Steps) Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial
Question: Compounded semiannually. \(P\) dollars is invested at annual interest rate \(r\) for 1 year. If the interest is compounded semiannually, then the polynomial \(P\left(1+\frac{r}{2}\right)^{2}\) represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if \(P=\\) 200$ and \(r=10 \%\)
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