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find the missing value . I= $ 95.00 , P = ? , r= 4 years.
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is this supposed to be \[A=P(1+i)^4\]? if so you need A to solve for P
no the subject is like ... intrest , Rate ..
simple interst perhaps?
7th - 8th grade level ...
I = Prt; but, youre missing either the r or the t
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ohhhh , yeas i am matter of fact the whole problem is wrong
lol .. i win :)
I= $95.00, P= ? , r=5% t= 4 years lol , :p sorry
P = 95/.05(4) = 95/.2 = $475 if its simple interest; lets see if its the same for compund
P = 95/(1.05)^4 = $78.156 for compound
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so it one of those :)
lol , the options are : F.) $4.75 H.) $475.00 G.) $0.21 I.) $237.50
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