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Published byMeagan Stephens Modified over 9 years ago
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Rewriting literal equations Rewrite and use common formulas
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Literal equations: equation that has two or more variables Formula: shows how one variable is related to one or more other variables
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Take out common letter and put in front of ( ) Divide because letter in front of ( ) is multiplication
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I = Prt I = interest P = principle r = interest rate as decimal ◦ Move decimal two place to left t = time in years You deposit $5000 in an account that earns simple interest. After 6 months, the account earns $162.50 in interest. What is the annual interest rate?
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