Solve the formula
I = Prt
for the Principal, P, when
I = $3,940,
r = 6%,
and
t = 5 years.
(Round your answer to two decimal places.)
I = Prt
3940 = P * .06 * 5
3940 = P * .3 divide both sides by .3
13,133.33 = P
thank you for explaing the process with me and also thank you for helping me out i have been so confused on this problem for a few hours