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Step-by-step explanation:

An appropriate solution for r is ...


A=P(1+rt)\\\\A=P+Prt \qquad\text{correctly use the distributive property}\\\\A-P=Prt \qquad\text{subtract P}\\\\(A-P)/(Pt)=r \qquad\text{divide by the coefficient of r}\\\\r=(A-P)/(Pt) \qquad\text{write with r on the left}

The denominator factor can be changed to Pt to correct the error made in the use of the distributive property.

User Santosh Dangare
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