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Solve Literal Equation (Formula) - Solve for t in A=P(1+rt). Use Two Different Methods
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The formula for calculating the amount of money in an account that is invested using simple interest is A=P(1+rt). This formula (or literal equation) is solved for t using two different methods. In the first method, P is distributed into the parentheses (1+rt). Then the Prt term is isolated before t is obtained by dividing both sides of the equation by Pr. In the second method, both sides of the equation are divided by P. Then the rt term is isolated before t is obtained by dividing both sides by r. Unfortunately this requires a complex fraction to be simplified.
Timestamps
0:00 Introduction
1:06 Method 1
2:38 Method 2
Timestamps
0:00 Introduction
1:06 Method 1
2:38 Method 2