Ask Question
4 June, 13:46

After t years, the amount of money in a savings account that earns simple interest is p + prt, where p is the starting amount and r is the yearly interest rate. factor this expression.

+4
Answers (1)
  1. 4 June, 15:50
    0
    Using I=PRT/100

    replacing the given information;

    (p+prt) = P*r*t

    ⇒p+prt=P*rt

    P = (p+prt) / (rt)

    Principal (P) = (p/rt) + p

    =p ((1/rt) + 1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “After t years, the amount of money in a savings account that earns simple interest is p + prt, where p is the starting amount and r is the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers