How do we solve a Financial Polynomials? Mishell Baker MAT221: Introduction to Algebra Pro: Mariya Ivanova November 23‚ 2013 How do we solve a Financial Polynomials? When solving for Financial Polynomials 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 money over a longer period of time‚ to purchase my new item. I will use $200 at 10% interest for the first
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the parallel lines by using the point slope formula. (4‚ 2) and m = ½ Use formula for equation of a line: m = mx + b Substitute the value of m into the equation y = 1/2 (x + b) Add the value for x into the equation y = (1/2)(4) + b Now put value of y in the equation 2 = (1/2)*(4) + b Now switch b so it can be on the opposite side of the equation (1/2) *(4) + b = 2 Multiply ½ by 4 to come up with 2 2 + b = 2 Reorder polynomials b + 2 = 2 Find be value: b = 2-2 b = 0 Finally‚ to
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Financial Polynomials MAT221: Introduction to Algebra June 14‚ 2013 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
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Financial Polynomials Shatara Williams MAT221: Introduction to Algebra Instructor: Deshonda Stringer March 2‚ 2014 FINANCIAL POLYNOMIALS The assignment that I will be discussing is financial polynomials. The use of financial polynomials is used in the real world all the time. Financial polynomials are really important because it is an easy way for you to figure out how much you need to be able to plan a trip‚ retirement‚ or a college fund. Using the formula p (1+r/2) ^ (2) we could
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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 Operating Costs
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Using Polynomials in the “Real World” Polynomial functions are used in our everyday lives in a few different ways‚ this includes art‚ architecture‚ construction‚ financial planning‚ and manufacturing. We can also calculate how long it will take one person to do a job alone when we know how long it takes a group to get it done as well. Farmers on crop farms work dawn to dusk through the growing season to produce the grains‚ fruits‚ and vegetables that feed the country. These equations help them
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ISSUED BY KENDRIYA VIDYALAYA - DOWNLOADED FROM WWW.STUDIESTODAY.COM Chapter - 2 (Polynomials) Key Concepts Constants : A symbol having a fixed numerical value is called a constant. Example : 7‚ 3‚ -2‚ 3/7‚ etc. are all constants. Variables : A symbol which may be assigned different numerical values is known as variable. Example : C - circumference of circle r - radius of circle Where 2 & are constants. while C and r are variable Algebraic expressions : A combination of constants and variables
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5) + 4(a – 5) we were given this expression to simplify. Simplifying this expression will first involve using the distribution property to remove the parenthesis 2a *a + 2a * -5 + 4 * a + 4 *-5 Now we will take our new expression and combine like terms by adding the coefficients 2a^2 +6a -20 We now have the original expression show in simplest terms. The ‘^’ symbol is being used to show the exponent for the variable a. 2w – 3 + 3(w – 4) – 5(w
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3. Algebra of Polynomials By now‚ you should be familiar with variables and exponents‚ and you may have dealt with expressions like 3x³ or 6x. Polynomials are sums of these "variables and exponents" expressions. Each piece of the polynomial‚ each part that is being added‚ is called a "term". Polynomial terms have variables which are raised to whole-number exponents (or else the terms are just plain numbers); there are no square roots of variables‚ no fractional powers‚ and no variables in the denominator
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4.5 Multiplying Polynomials In this case‚ both polynomials have two terms. You need to distribute both terms of one polynomial times both terms of the other polynomial. One way to keep track of your distributive property is to Use the FOIL method. Note that this method only works on (Binomial)(Binomial). F First terms O Outside terms I Inside terms L Last terms As mentioned above‚ use the distributive property until every term of one polynomial is multiplied times every
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