Math Problem Statement

Find A if P = 2000, r = 0.01, and t = 5. Find t if A = 2200, P = 2000, and r = 0.01. Solve for t in terms of A, P, and r. Solve for P in terms of A, r, and t.

Solution

Let's go through the problems you uploaded, one by one, using the simple interest formula given in the image:

The formula is:

A=P+PrtA = P + Prt

Or simplified:

A=P(1+rt)A = P(1 + rt)

Where:

  • AA is the total amount in the account.
  • PP is the initial investment (principal).
  • rr is the annual interest rate (in decimal form).
  • tt is the time in years.

Question 9:

Find the value for AA if P=2000P = 2000, r=0.01r = 0.01, and t=5t = 5.

Using the formula:

A=P(1+rt)A = P(1 + rt)

Substituting the values:

A=2000×(1+(0.01×5))A = 2000 \times (1 + (0.01 \times 5))

Let me calculate that:

A=2000×(1+0.05)=2000×1.05=2100A = 2000 \times (1 + 0.05) = 2000 \times 1.05 = 2100

So, the value for AA is 2100.


Question 10:

Find tt if A=2200A = 2200, P=2000P = 2000, and r=0.01r = 0.01.

Using the formula:

A=P(1+rt)A = P(1 + rt)

Substitute the given values:

2200=2000×(1+0.01t)2200 = 2000 \times (1 + 0.01t)

Divide both sides by 2000:

22002000=1+0.01t\frac{2200}{2000} = 1 + 0.01t

Simplifying:

1.1=1+0.01t1.1 = 1 + 0.01t

Subtract 1 from both sides:

0.1=0.01t0.1 = 0.01t

Now, divide both sides by 0.01:

t=0.10.01=10t = \frac{0.1}{0.01} = 10

So, t=10t = 10 years.


Question 11:

Solve for tt in terms of AA, PP, and rr.

Start with the formula:

A=P(1+rt)A = P(1 + rt)

Divide both sides by PP:

AP=1+rt\frac{A}{P} = 1 + rt

Subtract 1 from both sides:

AP1=rt\frac{A}{P} - 1 = rt

Now, divide by rr:

t=AP1rt = \frac{\frac{A}{P} - 1}{r}

So, the formula for tt is:

t=APPrt = \frac{A - P}{Pr}


Question 12:

Solve for PP in terms of AA, rr, and tt.

Start with the formula:

A=P(1+rt)A = P(1 + rt)

To isolate PP, divide both sides by (1+rt)(1 + rt):

P=A1+rtP = \frac{A}{1 + rt}

So, PP is:

P=A1+rtP = \frac{A}{1 + rt}


Would you like further details on any of these solutions, or have any specific questions?

Related Questions:

  1. How does the simple interest formula differ from compound interest?
  2. If the interest rate doubles, how will that affect the total amount AA?
  3. What happens to the total amount if the time tt is halved?
  4. Can you graph the relationship between AA and tt for different interest rates?
  5. How would you calculate the interest earned, separately from the total amount?

Tip:

Always convert the interest rate into its decimal form (by dividing the percentage by 100) before using it in formulas.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Algebra
Simple Interest
Linear Equations

Formulas

A = P(1 + rt)
t = (A - P) / (Pr)
P = A / (1 + rt)

Theorems

Simple Interest Formula

Suitable Grade Level

Grades 9-12