/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Problem 27 Solve for \(r: A=P(1+r t)\).... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

Solve for \(r: A=P(1+r t)\).

Short Answer

Expert verified
\(r = (A - P) /(P t). \)

Step by step solution

01

Subtracting 1

Firstly, subtract \(P\) from both sides of the equation: \(A - P = P rt.\)
02

Dividing by P and t

Next, divide both sides of the equation by \(P\) and \(t\) to isolate \(r\): \(r = (A - P) / (P t). \)
03

Simplifying the expression

Finally, simplify the expression on the right to get the solution for \(r\).

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