SOLUTION: answer my algebra 1 questions 1. simple interest that you may earn on money in a savings account can be calculated with the formula I= prt. I is the amount of interest earned, p is

Algebra ->  Equations -> SOLUTION: answer my algebra 1 questions 1. simple interest that you may earn on money in a savings account can be calculated with the formula I= prt. I is the amount of interest earned, p is      Log On


   



Question 987869: answer my algebra 1 questions 1. simple interest that you may earn on money in a savings account can be calculated with the formula I= prt. I is the amount of interest earned, p is the principal or initial amount invested, r is the interest rate, and t is the amount of time the money is invested for. solve the formula for p
Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
.
I=prt Divide both sides by rt
I/rt=p
.