How do we solve a Financial Polynomials? Mishell Baker MAT221: Introduction to Algebra Pro: Mariya Ivanova November 23‚ 2013 How do we solve a Financial Polynomials? When solving for Financial Polynomials I need to use the formula P (1 + r/2)2. I will be able to calculate how much interest my money will collect over a 1 year period. Then I can further figure out if I will have enough money over a longer period of time‚ to purchase my new item. I will use $200 at 10% interest for the first
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Using Polynomials in the “Real World” Polynomial functions are used in our everyday lives in a few different ways‚ this includes art‚ architecture‚ construction‚ financial planning‚ and manufacturing. We can also calculate how long it will take one person to do a job alone when we know how long it takes a group to get it done as well. Farmers on crop farms work dawn to dusk through the growing season to produce the grains‚ fruits‚ and vegetables that feed the country. These equations help them
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POLYNOMIAL FUNCTIONS ACTIVITY NCTM Addenda Series/Grades 9-12 The Park and Planning Commission decided to consider three factors when attempting to improve the daily profits at their sports facility: ❖ The number of all-day admission tickets sold ❖ The cost of operating the facility ❖ The price of each all-day admission ticket After carefully analyzing their operating costs‚ they found that it would be impossible to cut them further. Daily Operating Costs
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ISSUED BY KENDRIYA VIDYALAYA - DOWNLOADED FROM WWW.STUDIESTODAY.COM Chapter - 2 (Polynomials) Key Concepts Constants : A symbol having a fixed numerical value is called a constant. Example : 7‚ 3‚ -2‚ 3/7‚ etc. are all constants. Variables : A symbol which may be assigned different numerical values is known as variable. Example : C - circumference of circle r - radius of circle Where 2 & are constants. while C and r are variable Algebraic expressions : A combination of constants and variables
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Financial Polynomials Shatara Williams MAT221: Introduction to Algebra Instructor: Deshonda Stringer March 2‚ 2014 FINANCIAL POLYNOMIALS The assignment that I will be discussing is financial polynomials. The use of financial polynomials is used in the real world all the time. Financial polynomials are really important because it is an easy way for you to figure out how much you need to be able to plan a trip‚ retirement‚ or a college fund. Using the formula p (1+r/2) ^ (2) we could
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4.5 Multiplying Polynomials In this case‚ both polynomials have two terms. You need to distribute both terms of one polynomial times both terms of the other polynomial. One way to keep track of your distributive property is to Use the FOIL method. Note that this method only works on (Binomial)(Binomial). F First terms O Outside terms I Inside terms L Last terms As mentioned above‚ use the distributive property until every term of one polynomial is multiplied times every
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FINDING POLYNOMIALS In order to evaluate the polynomials‚ I will first need to write the polynomial expressions without any parenthesis. Therefore‚ according to the example‚ I will need to FOIL the binomial (1+r)2 and then multiply all terms by P. I will begin by rewriting the polynomial expression without any parenthesis in ascending order of the variable r‚ as opposed to descending order‚ with the exponent in the last term instead of the first term. P(1+r)2 This is the first expression
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Lab Report Title: Polynomial Functions Materials used: * A cylindrical object such as a soup can or thermos * Ruler or tape measure * Graphing technology (e.g.‚ graphing calculator or GeoGebra) Procedure 1. Measure and record the diameter and height of the cylindrical object you have chosen in inches. Round to the nearest whole number. 2. Apply the formula of a right circular cylinder (V = r2h) to find the volume of the object. (Note: Be sure to find the radius from the diameter
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POLYNOMIALS IN DAILY LIFE Polynomials are a combination of several terms that can be added‚ subtracted or multiplied but not divided. While polynomials are in sophisticated applications‚ they also have many uses in everyday life. Although many of us don’t realize it‚ people in all sorts of professions use polynomials every day. The most obvious of these are mathematicians‚ but they can also be used in fields ranging from construction to meteorology. Polynomials in Construction and Material
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Financial Polynomials Tabitha Teasley Math 221: Introduction to Algebra Regina Cochran March 22‚ 2014 There are many times in our life that we need to buy something big and expensive. In order to afford or buy these item‚ such as cars‚ trucks‚ and houses‚ we need to invest or save our money over time for that particular goal. Knowing how much money we need to begin with initially for an investment and how much money we need to save
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