In the equation A = p+prt, what is t equivalent to?

1 Answer
Shwetank Mauria
Mar 5, 2016

t is equivalent to the time period, for which the amount is borrowed or invested.

Explanation:

The equation A=p+prt, represents amount receivable / payable A, after a period of t years, when a principal amount p is invested / borrowed at an annual (as time is in years) simple interest rate of r. Note that prt represents the simple interest.

As such t is equivalent to the time period, for which the amount is borrowed or invested.

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