Answer
$P(1+r)^3$
Work Step by Step
Both terms have a $P$ value along with $(1+r)^2$. Therefore, $P(1+r)^2$ can be factored out to yield $P(1+r)^2(1+r)$. However, $(1+r)^2(1+r)=(1+r)^3$ through exponent rules, leaving $P(1+r)^3$.
Functions Modeling Change: A Preparation for Calculus, 5th Edition
by Connally, Eric; Hughes-Hallett, Deborah; Gleason, Andrew M.; Cheifetz, Phil C.
Published by
Wiley
ISBN 10:
1118583191
ISBN 13:
978-1-11858-319-7
Chapter 3 - Quadratic Functions - Exercises for Skills for Factoring - Page 135: 63
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