Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 6 - Algebra: Equations and Inequalities - 6.3 Applications of Linear Equations - Exercise Set 6.3 - Page 375: 56

Answer

\[t=\frac{S-P}{pr}\]

Work Step by Step

The given formula is: \[S=P+prt\] Simplify the given equation for t \[\begin{align} & S-P=prt \\ & t=\frac{S-P}{rp} \\ \end{align}\] This is a formula for accumulated amount S which is equal to the principal amount P and its simple interest prt generated in time t years. The value of t for the equation \[S=P+prt\]is \[t=\frac{S-P}{pr}\]
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