Celo used the simple interest formula A=P (1 + rt) to calculate the interest he earned on his savings last month. which equation is equivalent to the simple interest formula?

A. P = A / 1+rt

B. P = 1 + rt / A

C. P = A - (1+rt)

D. P = A + (1+rt)

Question

Chaim Howard

8 February, 21:26

+3

Answers (2)

Know the Answer?

Tamia · Answer 1

I would say A is your answer since your trying to isolate P you would divide everything by (1+rt).

Nehemiah Mahoney · Answer 2

A = P (1 + rt)

Divide both sides by (1 + rt) : -

P = A / (1 + rt)

A

Celo used the simple interest formula A=P (1 + rt) to calculate the interest he earned on his savings last month. which equation is equivalent to the simple interest formula?A. P = A / 1+rtB. P = 1 + rt / AC. P = A - (1+rt)D. P = A + (1+rt)