question on homework

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A= 1p+prt solve for r
seems simple but has me scratching my head. thx for any help
 

tkhunny

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Apr 12, 2005
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bull3030 said:
A= 1p+prt solve for r
seems simple but has me scratching my head.
Why? Isolate it one piece at a time.

A= 1p+prt

Subtract 1p

A - 1p = prt = r*(pt)

Divide by pt

(A - 1p)/pt = r
 

Denis

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Feb 17, 2004
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bull3030 said:
A= 1p+prt solve for r
seems simple but has me scratching my head. thx for any help
Curious, bull: where did you get that equation?
Are you sure you typed it properly?
Looks like it was originally future value formula: A = p(1 + r)^t

IF that's the case, then you royally screwed it up :twisted:
 

jybravo05

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Oct 2, 2005
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Appreciate the responses, the exact way the problem is written is as follows:
A= p+prt solve for r
thanks
 
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