Week 1 DQ 2 - = + A P1 rnnt The P stands for the principal...

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Week 1 DQ 2 - Due Thursday, Oct 21 Please post a response to the following discussion question by clicking on Reply. Explain in your own words how to evaluate a polynomial for a given value of  the variable. Demonstrate the process with examples.  Evaluating a polynomial means substituting numbers in for the variables and having an expression with ONLY numbers in it and then solving it. Simplifying it means that the expression with all the variables in the simplest form meaning no parenthesis, exponents etc. A real life polynomial expression would be the compound interest formula:
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Unformatted text preview: = + A P1 rnnt The P stands for the principal amount placed in the bank, the r designates for the rate, the n means how the principal is compounded (if annually, then n = 1, if quarterly, then n = 4, if daily, then n = 365). T means time in years. If we say the principal is 1000 dollars, rate is 5 percent, and time is 10 years, this is how it will be: = + A P1 rnnt = +. A 10001 051 10 = . A 10001 0510 . A $1628 9 This means that if you invest 1000 dollars in a bank at 5 percent interest for 10 years compounding, you will get back $1628.9 approximately....
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This note was uploaded on 04/20/2011 for the course MATH 116 taught by Professor Mcmillian during the Spring '09 term at University of Phoenix.

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