Elementary Algebra

Published by Cengage Learning
ISBN 10: 1285194055
ISBN 13: 978-1-28519-405-9

Chapter 3 - Equations and Problem Solving - 3.2 - Equations and Problem Solving - Problem Set 3.2: 44

Answer

P = 600

Work Step by Step

Substitute 1032 for A, 12 for t, and 0.06 for r to obtain: 1032 = P + P $\times$ 0.06 $\times$ 12 1032 = P + P $\times$ 0. 72 1032 = P + 0.72P 1032 = 1.72 P Divide both sides by 1.72: $\frac{1032}{1.72}$ = P P = 600
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.