AnswersFL-1200700-Mathematics for College Algebra MISInequalities — Unit testQuestion 2
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Inequalities — Unit test

Question 2 • FL-1200700-Mathematics for College Algebra MIS

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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