The simple interest formula is A = P(1 + r)t where P represents the amount originally deposited, r is the interest rate, and A i
1 answer:
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To solve this problem you must apply the proccedure shown below:
1. You have that varies jointly as
and
and inversely as the product of
and
. Therefore, you can write the following equation, where
is the constant of proportionality:
2. Now, you must solve for the constant of proportionality, as following:
3. Susbtiute values:
4. Substitute the value of the constant of proportionality into the equation:
The answer is: