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...

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How do we solve a FinancialPolynomials?
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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...

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FinancialPolynomials
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The goal in evaluating the polynomials in this assignment is to figure out what the interest rate, the number of years, whether it will be annually or semi-annually, and the initial amount invested. Knowing how much money is invested, the interest rate and the number of years will determine how much interest is gained.
On this assignment we...

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“An investment in knowledge pays the best interest” (Franklin). Investing in knowledge about how interest works can ultimately pay the best interest. Polynomials are a combination of several terms that can be added, subtracted or multiplied but not divided. Polynomials can be used in financial...

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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...

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FinancialPolynomials Paper
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Instructor: Breena Johnson
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In my paper I will be solving three different math problems, I will walk through all three problems step by step. While walking through the three math problems I will be using math terms to help you better understand my reasoning behind my work. I will...

...Interest rate can affect both of the income and the price of assets of the financial instruments.If the interest rate goes higher,the amount of financial instruments’loan and their acquiring funds will get less.Meanwhile,the price of stock and bonds that any financial instruments had owned will go down.Conversely,the sentence above also established.So that a change in interest rate can affect the profitability of financial institutions....

...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....

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