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HELP Use PRT to Sovle * Find P * I =14,400 R=8% T= 30 years 8%=.08
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HELP Use PRT to Sovle * Find P * I =14,400 R=8% T= 30 years 8%=.08

User Ikhsan Assaat
by
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2 Answers

3 votes

So,

The answer is 6000=p

User LNI
by
8.2k points
3 votes
You simply plug the values into the equation and isolate p.

i=prt
Plug in the values.
14,400=p(.08)(30)
Multiply 30 and .08
14,400=p(2.4)
Divide by 2.4 to isolate p.
6000=p
User Fallen
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