Answer: hi hello how are you I’m fine thank you
Step-by-step explanation:
Answer:
42,183
Step-by-step explanation:
We will use the Continuous Compounding Interest since a regular interval was not stated.
P(t) = Pe^(rt)
We will plug in the variables to the formula
P(t) = 31250 * e^(.12 * 2.5)
We can simplify and evaluate the compound interest.
P(t) = 42183.08
Common denominator is going to be 24
8=2*2*2
6=2*3
24=2*2*2*3
8 should be multiplied by 3
6 should be multiplied by 4
7/8=(7*3)/(8*3)=21/24
5/6=(5*4)/(6*4)=20/24
7/8=21/24
5/6=20/24
The answer is 12 your welcome
