Math Problem Statement

Using the interest formula A=P(1+rt), solve for the indicated variable. Solve for P

Solution

To solve for PP in the interest formula A=P(1+rt)A = P(1 + rt):

Given:

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

Steps:

  1. Isolate PP by dividing both sides by (1+rt)(1 + rt): A1+rt=P\frac{A}{1 + rt} = P

  2. Rewrite the equation: P=A1+rtP = \frac{A}{1 + rt}

Final Answer:

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

Would you like further details or have any questions?


Here are five related questions to explore this topic further:

  1. How would you solve for rr in the same formula A=P(1+rt)A = P(1 + rt)?
  2. What are some real-life applications of the formula A=P(1+rt)A = P(1 + rt)?
  3. If AA, rr, and tt are known, how would you calculate PP using specific values?
  4. How does this formula change if the interest is compounded instead of simple interest?
  5. What does each variable represent in the formula A=P(1+rt)A = P(1 + rt)?

Tip: Always check the units of time tt and rate rr in these formulas to ensure consistency.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Algebra
Simple Interest
Equation Manipulation

Formulas

Simple interest formula: A = P(1 + rt)

Theorems

Basic principles of algebraic manipulation

Suitable Grade Level

Grades 9-12