Homework Help: algebra

Posted by Jenai on Tuesday, October 13, 2009 at 6:25pm.

The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.

algebra - Reiny, Tuesday, October 13, 2009 at 6:41pm
divide both sides by RT
P = I/(RT)

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