#### Answer

P=$\frac{I}{rt}$
Interest formula

#### Work Step by Step

I=Prt
Prt=I
$\frac{Prt}{rt}$=$\frac{I}{rt}$
P=$\frac{I}{rt}$
The given is the interest formula which means interest equals the product of the principal, the interest rate, and time.

Published by
Pearson

ISBN 10:
0-13417-805-X

ISBN 13:
978-0-13417-805-9

P=$\frac{I}{rt}$
Interest formula

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

Update this answerAfter 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.