Wednesday

July 30, 2014

July 30, 2014

Posted by **Debbie** on Wednesday, March 4, 2009 at 12:35pm.

A=P+PrT

a)Rewrite formula by factoring out the greatest common factor on the right hand side.

b)find A if $8300is invested for 3 yrs at simple intrest rate of 5%

- math -
**Reiny**, Wednesday, March 4, 2009 at 12:43pmA=P+PrT

A = P(1 + rt)

in b) sub in 8300 for P, 3 for t, and .05 for r

A = 8300(1 + 3(.05))

= ....

- math -
**drwls**, Wednesday, March 4, 2009 at 12:45pma) A = P(1 + r T)

b) They are asking you to compute

8300*[1 + (0.05*3)] = 8300*1.15

"*" means the same at "x"

- math -
**Debbie**, Wednesday, March 4, 2009 at 1:00pmIs this the same as PV formaula?

- math -
**drwls**, Wednesday, March 4, 2009 at 2:44pmNo. That is Boyle's gas law.

**Related Questions**

math - Amount of an investment. The amount of an investment of P dollars for t ...

Math - The amount of an investment of P dollars for t years at simple interest ...

Algebra - Amount of an investment. AMount of an investment rate r is given by A=...

algebra - The formula I=PRT gives the amount of simple interest I earned by ...

math - The formula for calculating the amount of money returned for an initial ...

Algebra - Using the compound intrest formula's A=P(1+r/n)^nt and A=Pe^rt to ...

Math - How do I do this? -- can anyone give me a formula to find the answers? ...

compound interest - How do I solve these problems? Complete the table for a ...

algebra - Hannah invests $3850 dollars at an annual rate of 6% compounded ...

maths - an amount gets doubled in 15 years with compund intrest.In how many ...