Compounded 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 parentheses.

|P(1+r/2)2 |Squaring the expression- this is the same as multiplying the expression by itself 2 times.| | | | | |Simplify the expression using the FOIL method | |P(1+r/2)(1+r/2) | | | |Combined like terms r + r = 2r or r | |P(r2/4+r/2+r/2+1) |2 2 2 | | |Distribute P across the trinomial | |P(r2/4+r+1) | | | |Place all variables in descending order | |Pr2/4+Pr+P | |

Now we are to try out our polynomial formula with the given sets of numerical information.

|P = $200 and r = 10% |Interest rate as a decimal number r =.10 | |Pr2/4+Pr+P |The expanded formula...

...
FinancialPolynomials
Ashford University
Abstract
In this paper I will be demonstrating how to use financialpolynomials with a few expressions from the textbook “Elementary and Intermediate Algebra”. I will not only show the problem, but also will also break the expression down showing all mathematical work, and provide reasoning of how anybody can apply this theory to everyday life. In the paper there will be the...

...
How do we solve a FinancialPolynomials?
Mishell Baker
MAT221: Introduction to Algebra
Pro: Mariya Ivanova
November 23, 2013
How do we solve a FinancialPolynomials?
When solving for FinancialPolynomials I need to use the formula P (1 + r/2)2. I will be able to calculate how much interest my money will collect over a 1 year period. Then I can further figure out if I will have enough...

...POLYNOMIAL FUNCTIONS ACTIVITY
NCTM Addenda Series/Grades 9-12
The Park and Planning Commission decided to consider three factors when attempting to improve the daily profits at their sports facility:
❖ The number of all-day admission tickets sold
❖ The cost of operating the facility
❖ The price of each all-day admission ticket
After carefully analyzing their operating costs, they found that it would be impossible to cut them further.
Daily...

...
FinancialPolynomials
Tabitha Teasley
Math 221: Introduction to Algebra
Regina Cochran
March 22, 2014
There are many times in our life that we need to buy something big and expensive. In order to
afford or buy these item, such as cars, trucks, and houses, we need to invest or save our money over
time for that particular goal. Knowing how much money we need to...

...Polynomial
The graph of a polynomial function of degree 3
In mathematics, polynomials are the simplest class of mathematical expressions (apart from the numbers and expressions representing numbers). A polynomial is an expression constructed from variables (also called indeterminates) and constants (usually numbers, but not always), using only the operations of addition, subtraction, multiplication, and non-negative integer exponents...

...
FinancialPolynomialsPolynomials have been used for many centuries to aid individuals with budgeting or expense planning. The use of algebraic functions has been very important in our normal day to day operations especially when it comes to the business field. Therefore, in this paper I will reveal how polynomials can be very beneficial to everyday lives dealing with finance.
The first thing is to find the proper algebraic...

...Lesson 03.01: Review of Polynomials
Types of Expressions
Type
Definition
Example
Monomial
An expression with one term
5x
Binomial
An expression with two terms
g + 3
Trinomial
An expression with three terms
m2 + m + 1
Polynomial
An expression containing four or more terms
a5 – 3a4 – 7a3 + 2a – 1
Polynomial Arrangement
A polynomial in descending order is written with the terms arranged from largest to smallest degree....

...Math 1
Quiz # 3
Third Quarter
Adding and Subtracting Polynomials
July 28, 2011
Name:Von Clifford N. Opelanio Score:___________________
Yr.& Section:7-St.Therese Parent’s Signature:______________
I. Add the following polynomials:
1-2. 3-4. 5-6....

476 Words |
7 Pages

Share this Document

Let your classmates know about this document and more at StudyMode.com

## Share this Document

Let your classmates know about this document and more at StudyMode.com