F=P+PrtFor an investment that bears simple interest, one can predict future value F after t years if the principal or initial amount invested P and annual interest rate r are known, by using the given equation. Which of the following correctly expresses the principal amount in terms of the annual rate, number of years invested, and future value?Choose 1 answer:(A) P=1+rtF(B) P=1−rtF(C) P=rtF+P(D) P=rtF−P
Q. F=P+PrtFor an investment that bears simple interest, one can predict future value F after t years if the principal or initial amount invested P and annual interest rate r are known, by using the given equation. Which of the following correctly expresses the principal amount in terms of the annual rate, number of years invested, and future value?Choose 1 answer:(A) P=1+rtF(B) P=1−rtF(C) P=rtF+P(D) P=rtF−P
Given Formula: We are given the formula for future value F in terms of principal P, annual interest rate r, and time t in years: F=P+Prt We need to solve for P. First, we can factor out P on the right side of the equation. F=P(1+rt)
Factor Out P: Next, we divide both sides of the equation by (1+rt) to isolate P.P=(1+rt)FThis gives us the expression for the principal amount P in terms of F, r, and t.
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