Financial Polynomials
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1. Solve problem 90 on page 304 of Elementary and Intermediate Algebra.
Be sure that you show all steps of the squaring of the
binomial and multiplication along with any simplification which might be
required
Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if :
P = $200 and r = 10%, and also with
P = $5670 and r = 3.5%
2. Complete problem 70 on page 311 of Elementary and Intermediate Algebra. Show all steps of the division.
(−9x3 + 3x2 − 15x) ÷ (−3x)
- Write a two- to three-page paper that is formatted in APA style and according to the .
Format your math work as shown in the Instructor Guidance and be
concise in your reasoning. In the body of your essay, please make sure
to:- Demonstrate your solution to the above
problems, making sure to include all mathematical work and a discussion
of how and why this is applicable to your everyday life.- Use the underline feature with single
spacing to set up the division(s), and use the “strikethrough” font to
show the canceling factors. Can you think of another way this division
could be approached and worked out? If yes, briefly describe the method.
- Incorporate the following five math vocabulary words into your discussion. Use bold font
to emphasize the words in your writing (Do not write definitions for
the words; use them appropriately in sentences describing your math
work.):- FOIL
- Like terms
- Descending order
- Dividend
- Divisor
- FOIL
- Use the underline feature with single
- Demonstrate your solution to the above
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