Financial Polynominal Essay Example for Free

Financial Polynominal EssayFor this assignment the following in operating instructions are to complete and review the example of how complete the mat required for the assignment. To solve the problem 90 on page 304 of Elementary and Intermediate Algebra and to be sure that all steps of the squaring of the binominal and multiplication along with any simplification that might be used. Evaluate the polynomial resulting from step 1 usingP= $ two hundred and R=10%, andAlso withP=5670 and R= 3.5%Complete problem 70 on 311 page on Elementary and Intermediate Algebra show all steps of the division then co-ordinated words like foil, like terms, descending order, dividend, and divisor. Problem 1P (1+r/2)2P (1+r/2)*(1+ r/2)P 1 + r/2 +r/2 + r2 /4P (1+ r + r2/4) Let P + $200 and R = 10% transmute 10% to a decimal which is 10/100 = .1200* (1 + .1 + .12 /4)200 + (200* .1) + (200 * .01/4) =200+ 20+ .5 =220.5So you would make 20.5 dollars in the first twelvemonth and the second year yourtotal ac count balance would be $ 243.10Problem 2Let P = 5670 and r = 3.5 %Convert 3.5 % to a decimal 35/1000 = .035P (1 + r +r2 /4)5670* (1 + .035 + .03/4 52)5670 + (5670 * .035) + (5670 * .00123/4) =5670 + 198.45+1.74 = 5870.19Problem 3In this problem we follow the rules of normal division and exponents division Since the exponent in the divisor -3 xs is positive we will subtract on x from x 3 and that will become x2. So, now that we have 32 the process is the same with the entire exponent in the equation. (-933 +32- 15) / (-3x)(-93/-3x) + (3x/-3x) (15x/-3x)32 x +5This equation cannot be Foil, because it is a quadratic equation.