Question 96424: Solve A=P+Prt for A, given the P=$850, r=9.5%, and t=10 years. How do I set this problem up Found 2 solutions by stanbon, checkley71:Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Solve A=P+Prt for A, given the P=$850, r=9.5%, and t=10 years
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A = 850 + 850*0.095*10
A = 850 + 850*0.95
A = 850 + 807.5
A = $1657.50
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Cheers,
Stan H.
You can put this solution on YOUR website! A=P+PRT
A=850+850*.095*10
A=850+850*.95
A=850+807.5
A=$1,657.50 IS THE TOTAL VALUE OF THE ORIGINAL $850 INVESTMENT AFTER 10 YEARS WITH AN ANNUAL RATE OF 9.5%
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