i = $125
r = 6%
t = 1

What is p?
$56.25
$2,027.08
$2,083.33

Question

i = $125
r = 6%
t = 1

What is p?
$56.25
$2,027.08
$2,083.33

anonymous · Answer

okay now with this one i did what i did last time and didnt get the answer?

anonymous · Answer

Maybe you did it wrong the last time as well.

anonymous · Answer

What is the equation that you use to solve for p?

anonymous · Answer

well i multiplied it

anonymous · Answer

Obviously that's wrong. What equation does your book give you?

anonymous · Answer

125times6%times1=7.5

anonymous · Answer

Ok then the answer is 7.5

anonymous · Answer

its an online lesson no book

anonymous · Answer

you work backwards here

anonymous · Answer

You can't work any way because we have no equation

anonymous · Answer

you already have i so you take your % and multiply each one of the given answers to get 125

anonymous · Answer

do you understand what im saying?

anonymous · Answer

the last one

anonymous · Answer

Can someone give me the equation?

anonymous · Answer

i = r * t * p

anonymous · Answer

Ok we want to find P so we isolate P in the equation
i = r * t * p
i /r*t=  p             ----We divide r and t to both sides.

anonymous · Answer

Now we have the equation to solve for p
(i)/(r*t) = p

anonymous · Answer

You are given i r t 
plug them in and solve it