A=P(1+r)t  TOPIC_SOLVED

Quadratic equations and inequalities, variation equations, function notation, systems of equations, etc.

A=P(1+r)t

Postby dsummers003 on Sun Jul 17, 2011 4:22 pm

susposed I place money in an account,how long will it take for the investment to triple at an intrest rate of10%
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Re: A=P(1+r)t  TOPIC_SOLVED

Postby maggiemagnet on Sun Jul 17, 2011 9:05 pm

dsummers003 wrote:susposed I place money in an account,how long will it take for the investment to triple at an intrest rate of10%

You have been given a formula and a value for r. You can create an expression for A in terms of P. Then plug those into the formula and solve for t. If you get stuck, please reply showing how far you have gotten. Thanks!

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