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
Answer:
4(4g+5h)
Step-by-step explanation:
Factor out the 4.
Interest = principal * rate * time / 100 = 360 * 12.3 * 2.5 / 100 (Note 30 months = 2.5 years)
Answer is $110.70
<span>9.88 x 10^10
I rounded to .88 because .8765 is approximately .88</span>