Question

Solve i = Prt for t given that P=300, r=7% and I =105 solve for t

Answer 1

I = Pr t

P = 300

r = 7% = divide by 100 = 7/100 = 0.07 (decimal form)

I = 105

Replace

105 = 300 (0.07) t

Solve for t:

105 = 21 t

105/21 = t

t = 5