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1 July, 13:15

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)

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Answers (2)
  1. 1 July, 13:17
    0
    A = P (1 + rt)

    Divide both sides by (1 + rt) : -

    P = A / (1 + rt)

    A
  2. 1 July, 13:25
    0
    I would say A is your answer since your trying to isolate P you would divide everything by (1+rt).
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