Intermediate Algebra (6th Edition)

Published by Pearson
ISBN 10: 0321785045
ISBN 13: 978-0-32178-504-6

Chapter 2 - Section 2.3 - Formulas and Problem Solving - Exercise Set: 12

Answer

$P=\frac{A}{(rt+1)}$

Work Step by Step

We are given that $A=Prt+P$. To solve for P, first use the distributive property to pull P out of both terms on the right side. $A=(P\times r\times t)+(P\times1)=P(rt+1)$ Divide both sides by $(rt+1)$. $P=\frac{A}{(rt+1)}$
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