Math Problem Statement
The formula for simple interest is I, equals, P, r, t, commaI=Prt, where II is the interest earned, PP is the principal, rr is the interest rate and tt is the number of years. Solve the formula for tt in terms of P, commaP, II and r, .r.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Simple Interest
Solving Equations
Formulas
I = Prt
t = I / (Pr)
Theorems
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Suitable Grade Level
Grades 7-10
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