Intermediate Algebra for College Students (7th Edition)

Published by Pearson
ISBN 10: 0-13417-894-7
ISBN 13: 978-0-13417-894-3

Chapter 6 - Review Exercises - Page 498: 59

Answer

$ P=\frac{A}{rT+1}$.

Work Step by Step

Multiply both sides of the given formula by $Pr$ to clear denominators. $\Rightarrow PrT=Pr\left (\frac{A-P}{Pr}\right )$ Cancel common terms. $\Rightarrow PrT=A-P$ Add $P$ to both sides. $\Rightarrow PrT+P=A-P+P$ Factor out P on the left side and simplify. $\Rightarrow P(rT+1)=A$ Divide both sides by $(rT+1)$. $\Rightarrow \frac{P(rT+1)}{(rT+1)}=\frac{A}{rT+1}$. Cancel common terms. $\Rightarrow P=\frac{A}{rT+1}$.
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