Question

Given the following formula, with A= 27 and t=3, solve for r. А=P(1 + Tt)

Answer 1

Answer:

Option C. r = (27 – P)/3P

Step-by-step explanation:

The following data were obtained from the question:

A = 27

t = 3

r =?

А = P(1 + rt)

With the above formula, we can obtain the value of r as follow

А = P(1 + rt)

27 = P(1 + 3r)

Divide both side by P

27/P = 1 + 3r

Subtract 1 from both side

27/P – 1 = 1 – 1 + 3r

27/P – 1 = 3r

(27 – P)/P = 3r

Divide both side by 3

r = (27 – P)/P ÷ 3

r = (27 – P)/P × 1/3

r = (27 – P)/3P