I am stuck on how to do this: How much was deposited in the account if the amount in the account after six years is $17.70 and the interest rate is 3%? (we are trying to figure out how to apply the forumula--A = P + prt
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HanAkoSolo (jamierox4ev3r):
R is rate and t is time
HanAkoSolo (jamierox4ev3r):
so doesn't that mean that your r will be 3 and your t will be 6
HanAkoSolo (jamierox4ev3r):
actually, your r will be 0.3
HanAkoSolo (jamierox4ev3r):
Then, what could p be?
OpenStudy (anonymous):
not .O3 for r??
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HanAkoSolo (jamierox4ev3r):
sorry my keys are going crazy yes you are right
OpenStudy (anonymous):
so I think what I'm asking is how do I do the prt part? All times each other?
OpenStudy (anonymous):
what we got so far is 17.70 = P + (.03 x 6). how do you solve that?
HanAkoSolo (jamierox4ev3r):
so it would be this: A=17.70+17.70(6)(0.3).You would multiply prt
HanAkoSolo (jamierox4ev3r):
then you would add p , which is 17.70
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OpenStudy (anonymous):
we're trying
OpenStudy (anonymous):
That does it! You do rock for ever! Thanks!
HanAkoSolo (jamierox4ev3r):
thanks! any more questions?
HanAkoSolo (jamierox4ev3r):
Also, could I have a medal (plz?)
OpenStudy (anonymous):
we're good. thanks again
Absolutely--how do you do a medal?
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