Answered

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The formula:Installment Payments = Total of installment payments/Number of payments is used to find the amount of each installment payment for a loan. The formula can be written in symbols as P=T/N. Solve the formula for T.

Sagot :

Answer:

T=PN

Explanation:

The formula written in symbols is:

[tex]P=\frac{T}{N}[/tex]

To solve the formula for T, multiply both sides by N:

[tex]\begin{gathered} P\times N=\frac{T}{N}\times N \\ \implies T=PN \end{gathered}[/tex]

The formula solved for T is T=PN.

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