How do I find the slope
1 answer:
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Given :
The equation below can be used to determine I (simple interest) on a loan as follows :
...(1)
P is principal, r the rate of the loan, t is the length of the loan in years.
We need to find the equation to solve in terms of r. We can find the value of P.
Dividing both sides of equation (1) by rt. So,
So, P can be solved as : .
If Eric earns $56 or more means
t is greater or equal to 56
t is greater or equal to 56