To find the average you add all three numbers together and then divide by three since you added three.
$38,750.00 + $42,500.00 + $42,500.00 = $123,750.00
$123,750.00 ÷ 3 = $41,250
So your answer is $41,250
Answer:
The answer to the math problem is 215 1/3,
but what the question posed means I'm not sure.
You can check this quotient by:
3*215 + 1 = 646
Step-by-step explanation:
Answer:
64 <em> </em><em>te</em><em> </em><em>quiero</em><em> </em><em>mucho</em><em> </em><em>ygrfrf7rttffrtx</em>
$7881.18
Step-by-step explanation:
Let the initial Investment be
. The Interest is compounded on a monthly basis at 12% annual interest rate. After 17 years, the Investment amounts to $60,000.
As the annual interest rate is 12%, the monthly interest rate is 1%.
Since this is a compound interest problem, the total amount can be modeled as follows: 
Here
is the interest rate, i.e
, and t is the number of time periods, i.e
= 


∴ Initial Investment = $7881.18