Answered

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Celo used the simple interest formula uppercase a = uppercase p (1 r t) to calculate the interest he earned on his savings last month. which equation is equivalent to the simple interest formula?

Sagot :

The equation which is equivalent to the given simple interest formula is

[tex]P=\frac{A}{1+rt}[/tex].

What is an equivalent equation?

Equivalent equations are algebraic equations that have identical solutions.

According to the given question.

We have a simple interest formula.

[tex]A=P(1+rt)[/tex]

Now, the equivalent equation for the above formula can be given as

[tex]A=P(1+rt)[/tex]

⇒[tex]P=\frac{A}{1+rt}[/tex]

Hence, the equation which is equivalent to the given simple interest formula is [tex]P=\frac{A}{1+rt}[/tex].

Thus, option A is correct.

Learn more about equivalent equation :

https://brainly.com/question/11670913

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