Question 36 Answer and Explanation _ACT 2005 Form 56A Math Section

Question 36 Answer and Explanation _ACT 2005 Form 56A Math Section

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36. In the formula A = P(1 + rt), A is the principal plus simple interest, P is the principal, r is the interest rate, and t is the time. Which of the following solves this formula for r?

F. $r=\frac{A}{2Pt}$

G. $r=\frac{A-P}{Pt}$

H. $r=\frac{A}{P+Pt}$

J. $r=\frac{A}{P}-Pt$

K. r = A - P - Pt

Answer and Explanation

Your Answer is

Correct Answer is G

Explanation

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