To solve this formula for T, divide both sides of the original equation by PR:
I PRT
------ = --------- => T = I / (PR)
PR PR
Please note: Because the formula I = PRT involves neither addition nor subtraction, the final formula for T cannot involve either addition nor subtraction. That leaves:
T = I P/R
T= IPR
The second formula here is incorrect; we cannot solve I = PRT for T simply by rearranging the order of the variables. This leaves T = I P/R as a possible answer, but this answer does not agree with my T = I / (PR). Please double check to ensure that you have copied down the four possible answers correctly.
Given that loan amount P=20000
Interest rate r=5% = 0.05
Time of loan t=4 years
Now to find the interest amount we just plug those values into formula
simple interest = P × r × t
simple interest = 20000* 0.05* 4
simple interest = 1000 * 4
simple interest = 4000
Hence final answer is choice b. $4000.
Answer: y=0.60x+36.94
To find the equation we just set y equal to the 0.60 cents times x miles plus the 36.94 base fee. Any questions just ask. Cheers
The value of x is 5 since 5^2=25+2=27/3=9
