Asked by Aikunduz Baltabaeva on May 19, 2024
Verified
The total amount of money accrued from a principal of P dollars invested at r% simple interest for 13 years is given by P+13rPP + 13 r PP+13rP . Factor this expression.
A) P(1+13r) P ( 1 + 13 r ) P(1+13r)
B) 14rP14 r P14rP
C) r(P+13) r ( P + 13 ) r(P+13)
D) r(1+13P) r ( 1 + 13P) r(1+13P)
E) P(r+13) P ( r + 13 ) P(r+13)
Simple Interest
A way of calculating interest where the amount earned or paid is proportional to the initial sum invested or borrowed and the rate of interest.
Principal
The original sum of money borrowed in a loan or put into an investment, not including profits or interest.
- Utilize factorization methods to address issues related to simple interest and geometric figures.
Verified Answer
DP
diana prietoMay 22, 2024
Final Answer :
A
Explanation :
The expression P+13rPP + 13rPP+13rP can be factored as follows:
P(1+13r)P (1 + 13r)P(1+13r)
This is the total amount of money accrued from the investment, which is equal to the principal plus the interest earned over 13 years. Therefore, the answer is choice letter A.
P(1+13r)P (1 + 13r)P(1+13r)
This is the total amount of money accrued from the investment, which is equal to the principal plus the interest earned over 13 years. Therefore, the answer is choice letter A.
Learning Objectives
- Utilize factorization methods to address issues related to simple interest and geometric figures.
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