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After 2 Years, an Investment of $550 Compounded Annually at an Interest

Question 76

Multiple Choice

After 2 years, an investment of $550 compounded annually at an interest rate r will yield an amount of 550(1 + r) 2.
Write this polynomial in standard form.


A) 1,100 + 1,100r
B) 302,500 + 605,000r + 302,500r2
C) 550 + 1,100r + 550r2
D) 550r2 + 1,100r + 550
E) 550r2 + 550r + 550

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