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Evaluating Polynomials

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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. Evaluate the polynomial if
P = $200 and r = 10%.

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This solution explains how to evaluate a polynomial.

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