Compound semiannually- P dollars is invested at annual interest rate r for 1 year. If the interest i
Question: Compound semiannually- 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 parenthesis. Evaluate the polynomial if P = $200.00 and r = 10%
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Deliverables: Word Document
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