The formula for simple interest is I=Prt
a. Solve the formula for t, when r is the simple interest per year.
t=_
b. Use the new formula to find the value of t in the table.
The value of t in the table is _ years

The formula for simple interest is IPrt a Solve the formula for t when r is the simple interest per year t b Use the new formula to find the value of t in the t class=

Respuesta :

a. The formula solved for t is t = I/Pr

b. The value of t in the table is 3 years

Simple Interest

From the question, we are to solve the given formula for t

The given formula is

I = Prt

To solve for t, we will divide both sides of the equation by Pr

I/Pr = Prt/Pr

I/Pr = t

∴ t = I/Pr

b.

I = $75

P = $500

r = 5% = 0.05

t = 75/(500×0.05)

t = 75/25

t = 3 years

Hence, the value of t in the table is 3 years

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