Let $P ( x ) = 2 x ^ { 3 } - 3 x ^ { 2 } + 2 x - 4$

question 283

Short Answer

Let $P ( x ) = 2 x ^ { 3 } - 3 x ^ { 2 } + 2 x - 4$ . Evaluate $P ( 3 )$ by substituting the given value of x into the polynomial and simplifying. Then evaluate the polynomial by using the remainder theorem and synthetic division. $P ( 3 )$ = __________

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument.

Maturity

The final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.

Annual Coupon

The total interest to be paid on a bond each year, divided between regular payment periods.

Bonds

Bonds are fixed-income securities that represent a loan made by an investor to a borrower, typically corporate or governmental, where the borrower agrees to pay back the principal plus interest at a specified date.