i=prt for t if i=105, p=700, and r=0.05

Question

How do I solve this problem?  I am at a total loss as where to start.

Answer 1

Charlene,

 

If 

 

i = prt, to solve for t we would divide both sides by p and r

 

i = prt

i/(pr) = t

 

Using the values you have

 

105 / [(.05)(700)] = 3