5
RCMultiple Choice

Unit Test — Cumulative exam

Question 5 • Algebra 2-1st Semester-CR (KCKPS 02101040)

Celo used the simple interest formula to calculate the interest he earned on his savings last month. Which equation is equivalent to the simple interest formula?

Question illustration
Answer
A
uppercase P = StartFraction uppercase A Over 1 + r t EndFraction
Option A
B
uppercase P = StartFraction 1 + r t Over uppercase A EndFraction
Option B
C
uppercase P = uppercase A minus (1 + r t)
Option C
D
uppercase P = uppercase A + (1 + r t)
Option D
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