SOLUTION: Solve for a specified variable
The formula P=B/1+s is used to determine what amount of principal P should be invested for 1 year at a simple interest rate in order to have B dolla
Algebra.Com
Question 447577: Solve for a specified variable
The formula P=B/1+s is used to determine what amount of principal P should be invested for 1 year at a simple interest rate in order to have B dollars after a year.
I wasn't sure whether I should put this here, or in money word problems. Sorry if I'm in the wrong place, but I'd be very relieved to have some help with this problem.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
So for which variable,
or
, did you want to solve
?
John

My calculator said it, I believe it, that settles it
RELATED QUESTIONS
answer my algebra 1 questions 1. simple interest that you may earn on money in a savings... (answered by macston)
The simple interest (I) on a certain amount of money (p) that is invested at a specified... (answered by KMST)
Hi,
Please help me solve this problem:
The formula for computing the amount A of an (answered by edjones)
solve each formula for the specified variable: perimeter of triangle
P=a+b+c for b... (answered by MathLover1)
Solve the formula for the specified variable.
A = P + Prt; P (business)
P=?
(answered by KMST)
the future value of a simple interest investment is given by S = P(1+rt). What principal (answered by solver91311)
The future value of a simple interest investment is given by S=P(1+rt). What principal P... (answered by tommyt3rd)
Solve the formula for the specified variable.
c= square root of a^2+b^2 for... (answered by checkley71)
Recall that the formula for compounding interest is A = P(1+ r)t where A is the total... (answered by jim_thompson5910)