The formula for the future value v (in dollars) of an investment earning simple interest is v=p+prt, where p (in dollars) is the principal, r is the annual interest rate (in decimal form) and t is the time (in years). a. solve the formula for p . p= b. an investment earns 6% simple interest. what amount of principal is needed to have $3000 after 5 years? round your answer to the nearest cent. amount of principal: $

The answer is for the equation...

V/(1+rt)

It is written as a fraction... and the V goes on top and the (1+rt) goes on the bottom. Make sure that the V is a capital.

Then the amount of principal is 2,307.69

start with a line segment pq that we will copy. mark a point r that will be one endpoint of the new line segment. set the compasses' point on the point p of the line segment to be copied. adjust the compasses' width to the point q. the compasses' width is now equal to the length of the line segment pq.

step-by-step explanation:

can i see a photo of the question so i can you?