Answer:
$128847
Step-by-step explanation:
given Principle at 31250
and rate = 12%
and time 12.5 years
the amount would be given by the equation
[tex]P(1+\frac{rate}{100})^{time}[/tex]
plug in values to get
[tex]31250(1+\frac{12}{100})^{12.5}[/tex]
end up with value $128847
