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
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-> 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
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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):
