Answer:
Step-by-step explanation:
We have given:
Principal amount which is 80,000
Time which is 20 year
Rate which is 11.5%
And since, we have to find 13 years early so, time would be: 20-13=7 years.
And since, we have to find for 12 months
Hence, n=12
We have formula to calculate compound interest:
On substituting the values we get:
On simplification we get:
Answer:
1) The 38th term is A. 38
2) The 11th term is D. 3072
3) The 3rd term is C. 34
Step-by-step explanation:
1) I added 2 until I got to the 38th term.
2) I multiplied until I got to the 11th term.
3) I added 3 until i got to the 12th term.
The teacher showed a more complex way to do it but this is just what I did.
I took the quiz, so I know that I got them all correct.
I think maybe you should explain it more
