R the compounding interest rate. LENOVO USER Created Date. P colorredprt a colorredprt a - p get rid of p by -p prcolorredt a - p get rid of x pr by pr t a - ppr.
Divide each term by and simplify.
Which helps us find the principal amount. The formula for compound interest is P 1 rnnt where P is the initial principal balance r is the interest rate n is the number of times interest is compounded per time period and t is the number of time periods. Divide each term by and simplify. You can put this solution on YOUR website.