Question

Solve for p.

i = prt

Answer 1

Multiply R by T Then divide by I

Explanation:

Hi! You would multiply R by T and then divide your answer by I

Ex: 24= P x 0.04 x 3 0.04 x 3 = 0.12 24÷0.12 = 200 so P = 200

(4%)

Hope this helped!

Answer 2

Hi there:)
I=prt
This is the formula of the simple interest
If you want to solve for p just divide each side by rt to get
P=I÷rt

Hope it helps