SOLUTION: Solve the formula for the indicated variable. P = A/1+rt, for r (finance)

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Question 688449: Solve the formula for the indicated variable.
P = A/1+rt, for r (finance)

Answer by ReadingBoosters(3246) About Me  (Show Source):
You can put this solution on YOUR website!
P = A%2F%281%2Brt%29
P(1+rt) = A
...
P + Prt = A
Prt = A - P
r = %28A-P%29%2FPt
...
r = A%2FPt+-+P%2FPt
...
highlight_green%28r=%28A%2FPt%29-t%29
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