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Please help :) The formula for the amount with simple interest is A = P(1 + rt). Find t if A = 168, P = 150, and r = 0.08. A. 1.5 B. 2 C. 2.4 D. 3
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A = P(1 + rt) 168 = 150 ( 1 + .08)*t @alex8699 Can you write the next line?
i knew how to write the equation out, can't figure out what t is
168 = 150*( 1 + t * 0,08 )?
1.5?
Correct.
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yeah just solved it, thanks though :) @FINYA
You can use the simple interest calculator at http://www.calculatorsoup.com/calculators/financial/simple-interest-plus-principal-calculator.php
t = (168/150 - 1)/0.08
>>1.5? Yes. @alex8699
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