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anastassius [24]
3 years ago
14

Find the compound interest on ₹ 31,250 at 12% pa for 2 1/2 years

Mathematics
1 answer:
IRISSAK [1]3 years ago
6 0

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

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What is the answer to this problem im stuck on this one too
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A student has earned scores of 87, 81, and 88 on the first 3 of 4 tests. If the student wants an average (arithmetic mean) of ex
Juli2301 [7.4K]
To find an average you take the numbers to be averaged and add them together then You take the number and divide it by the number of numbers, in this case 4, and that gives you the average.
on this problem you want to do the opposite. you know the average she wants, an 87, so you multiply it by 4. 87*4=348. then you add the three numbers you have (88,81 and 87) and you get 256.
then you subtract 256 from 348 and you get 92. 92 is your answer to check just add 87+81+88+92=348
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87 was the average she wanted.
Hope this helped! good luck :)
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