Practice solving and using literal equations. Tahmar knows the formula for simple interest is I = Prt, where I represents the simple interest on an amount of money, P, for t years at r rate. She transforms the equation to isolate P : P = P : P equals StartFraction I Over r t EndFraction.. Using this formula, what is the amount of money, P, that will generate $20 at a 5% interest rate over 5 years?

Karen is financing $291,875 to purchase a house. she obtained a 15/5 balloon mortgage at 5.35%. what will her balloon payment be? a. $220,089.34 b. $219,112.46 c. $246,181.39 d. $230,834.98

Girardo is using the model below to solve the equation . girardo uses the following steps: step 1 add 4 negative x-tiles to both sides step 2 add 1 negative unit tile to both sides step 3 the solution is which step could be adjusted so that gerardo's final step results in a positive x-value? in step 1, he should have added 4 positive x-tiles to both sides. in step 1, he should have added 3 negative x-tiles to both sides. in step 2, he should have added 4 negative unit tiles to both sides. in step 2, he should have added 1 positive unit tile to both sides.

Desmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2xdesmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2x