SOLUTION: Given the formula, solve for the indicated variable. A = P(1 + nr) for r Thank You!

Algebra ->  Numeric Fractions Calculators, Lesson and Practice -> SOLUTION: Given the formula, solve for the indicated variable. A = P(1 + nr) for r Thank You!      Log On


   

Question 441608: Given the formula, solve for the indicated variable.
A = P(1 + nr) for r
Thank You!
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Given the formula, solve for the indicated variable.
A = P(1 + nr) for r
A/P = 1 + nr
nr = [A/P]-1
---
r = [(A/P)-1]/n
---
r = [(A-P)]/[nP]
==================
Cheers,
Stan H.