Financial polynomials financial polynomials janice michaels mat 21 prof joy simmons january 8, 2014 the polynomial p(1+r/2)^2 represents the value of an investment after being compounded semiannually. In mathematics, factorization or factoring is the breaking apart of a polynomial into a product of other smaller polynomials if you choose, you could then multiply these factors together, and you should get the original polynomial (this is a great way to check yourself on your factoring skills. Normal polynomials run in descending order however this one runs in ascending order with my highest exponent as the last term instead of first term page 304 problem 90 of elementary and intermediate algebra states “p dollars is invested at annual rate r for 1 year.
With this expression we are to evaluate the polynomial using : p=$200 and r= 10%, and p=$5670 and r=35% first we have to rewrite the expression without the parenthesis. Financial polynomials college essay introduction the objective of this paper is to examine the solutions to two algebra problems, both from dugopolski (2012) the first problem deals with compounding interest rates, and demonstrates how to use parentheses and exponents this paper will therefore discuss the formula for the two problems. Financial polynomials mat 221 professor nikita echols september 29, 2014 introduction 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.
Financial polynomials financial polynomials elvin d mccrary jr mat221/afn1323a professor issac hines june 30, 2013 1 financial polynomials this week’s assignment will involve polynomial expressions that must be rewritten without parenthesis.
Financial polynomials 2 financial polynomials i must first rewrite the expression without parenthesis meaning i must foil the binomial (1+r/2)2 then all the terms must be multiplied by p after the foil is carried out the like terms are combined r/2+r/2=r now let’s do our polynomial formula with the information that is given to us. Evaluate the polynomial if p = $200 and r = 10% problem 1 solution in order to solve the problem, we must first multiply out all terms in order to so to remove the parenthesis from the equation. View homework help - financial polynomial from mat 221 at ashford university 200+20+2/4 200+20+050 22050 so if we left 200 for a year at 20% it will compound to $22050 semiannually 2 this is my.
I hope this short essay was informative and gave you a better understanding of financial polynomials bibliography dugopolski, m (2009) exponents and polynomials elementary and intermediate algebra 4th edition (p 304) new york: mcgraw hill.