What is the degree of the polynomial?

So the degree of a polynomial is by the term with the highest combined power. In this case, the term with the highest combined power is . With this term, add 3 and 2 together since they are the two powers in this term, which make 5.

And because the combined powers equal 5, this polynomial is 5th degree.

Here’s the answer. you’re supposed to use 2900 times the interest rate and then add your original amount of money. now you get 2997.15