Make $$ i $$ the subject of the following formula: $$ F=P(1+i n) $$

Question

UpStudy AI · Accepted Answer

Given the equation

$$
F = P(1 + i n)
$$

we follow these steps:

1. Divide both sides by $$ P $$:

$$
\frac{F}{P} = 1 + i n
$$

2. Subtract $$ 1 $$ from both sides:

$$
\frac{F}{P} - 1 = i n
$$

3. Divide both sides by $$ n $$:

$$
i = \frac{\frac{F}{P} - 1}{n}
$$

4. This expression can also be written as:

$$
i = \frac{F - P}{nP}
$$
$$ i = \frac{F - P}{nP} $$

Make \( i \) the subject of the following formula: \[ F=P(1+i n) \]