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monitta
3 years ago
15

Suppose that you plan on investing into a account paying simple interest. The formula for simple interest is I = Prt, where I is

the interest earned on a investment of P dollars, at the given rate r, over t years. If the banker tells you that the time for your investment is determine by the following t = (I)/r, would they be correct?
Mathematics
1 answer:
Vedmedyk [2.9K]3 years ago
3 0

Answer:

No

Step-by-step explanation:

No.

i = prt is correct; its result is the simple interest earned.  

If you want to solve for time, t, divide both sides by pr:

i/(pr) = t

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The relationship between the length & the width of the closet and the length of the wall is an illustration of a linear equation.

  • <em>The equation for f(l) is: </em>f(l) = 1.5l<em>.</em>
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Given that:

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<u>Equation of f(l)</u>

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See attachment for the graph of f(l)

<u>The desired dimension</u>

From the question, we understand that the total length is 12m.

This means that:

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Read more about linear equations at:

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