HELP, HURRY PLEASE !!!
Shown below are the steps a student took to solve the simple interest formula A = P(1 + rt) for r.
A = P(1 + rt)
A = P+ rt
A - P= rt
r = (A - P)/t
Explain the algebraic error in the student’s work. Then, state how the equation can be modified to produce the correct result.
Steps taken by the student to solve the formula of the simple interest for the values of '[tex]r[/tex]',
Step - 1 : [tex]A=P(1+rt)[/tex]
Step 2 : [tex]A=P+rt[/tex]
Step 3 : [tex]A-P=rt[/tex]
Step 4 : [tex]r=\frac{A-P}{t}[/tex]
There is an error in step 2 where distributive property was not followed.
[tex]A=P+rt[/tex]
Correct steps should be,
Step 1 : [tex]A=P(1+rt)[/tex]
Step 2 : [tex]A=P+Prt[/tex] [By distributive property]
Step 3 : [tex]A-P=Prt[/tex]
Step 4 : [tex]r=\frac{A-P}{Pt}[/tex]
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