Answer:
P175582.99
Step-by-step explanation:
F=P(1+r/n)^nt
250000=P(1+0.125/1)^(1)3
250000=P(1+0.125)^3
250000=P(1.42)
250000/(1.42)=P(1.42)/1.42
1755982.99=P
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Answers & Comments
Answer:
P175582.99
Step-by-step explanation:
F=P(1+r/n)^nt
250000=P(1+0.125/1)^(1)3
250000=P(1+0.125)^3
250000=P(1.42)
250000/(1.42)=P(1.42)/1.42
1755982.99=P