Solve
-At the End of T Years, the Amount of Money

question 153

Multiple Choice

Solve.
-At the end of t years, the amount of money A in a savings account earning simple interest from an initial investment of $\mathrm { P }$ dollars at monthly rate $\mathrm { r }$ is given by the formula $\mathrm { A } = \mathrm { P } + 12 \mathrm { Prt }$ . Write an equivalent equation by factoring the expression $\mathrm { P } + 12$ Prt.

• A) \(\mathrm { A } = \mathrm { P } ( 12 +\) Prt \()\)
• B) \(\mathrm { A } = \mathrm { P } ( 12 + \mathrm { rt } )\)
• C) \(A = P ( P + 12 r t )\)
• D) \(\mathrm { A } = \mathrm { P } ( 1 + 12 \mathrm { rt } )\)

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The total time a product spends in a manufacturing or service process from start to finish.

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