+0  
 
-1
60
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avatar+139 

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.)

 Feb 11, 2020
 #1
avatar+109064 
+2

I = Prt

 

3940 = P * .06 * 5

 

3940  = P  *  .3       divide both sides by .3

 

13,133.33  =  P

 

 

cool cool cool

 Feb 11, 2020
 #2
avatar+139 
+1

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 

monkeyree1124  Feb 11, 2020

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