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Mathematics 11 Online
OpenStudy (anonymous):

find the missing value . I= $ 95.00 , P = ? , r= 4 years.

OpenStudy (anonymous):

is this supposed to be \[A=P(1+i)^4\]? if so you need A to solve for P

OpenStudy (anonymous):

no the subject is like ... intrest , Rate ..

OpenStudy (amistre64):

simple interst perhaps?

OpenStudy (anonymous):

7th - 8th grade level ...

OpenStudy (amistre64):

I = Prt; but, youre missing either the r or the t

OpenStudy (anonymous):

ohhhh , yeas i am matter of fact the whole problem is wrong

OpenStudy (amistre64):

lol .. i win :)

OpenStudy (anonymous):

I= $95.00, P= ? , r=5% t= 4 years lol , :p sorry

OpenStudy (amistre64):

P = 95/.05(4) = 95/.2 = $475 if its simple interest; lets see if its the same for compund

OpenStudy (amistre64):

P = 95/(1.05)^4 = $78.156 for compound

OpenStudy (amistre64):

so it one of those :)

OpenStudy (anonymous):

lol , the options are : F.) $4.75 H.) $475.00 G.) $0.21 I.) $237.50

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