document.write( "Question 607308: In the formula I=pet find p when I=$20,r=5% and t=1year \n" ); document.write( "

Algebra.Com's Answer #382570 by Alan3354(69443) $\"\"$ $\"About$

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In the formula I=pet find p when I=$20,r=5% and t=1year
\n" ); document.write( "It's $\"FV+=+P%2Ae%5E%28rt%29\"$ and I = FV - P
\n" ); document.write( " $\"I+=+P%2Ae%5E%28rt%29+-+P+=+P%2A%28e%5Ert%29+-+1%29\"$
\n" ); document.write( " $\"20+=+P%2A%28e%5E0.05%29+-+1%29\"$
\n" ); document.write( " $\"20+=+P%2A%281.051271+-+1%29\"$
\n" ); document.write( " $\"20+=+P%2A0.051271\"$
\n" ); document.write( "P =~ $390.08
\n" ); document.write( " \n" ); document.write( "

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