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The Total Amount of Money Accrued from a Principal of P

Question 114

Multiple Choice

The total amount of money accrued from a principal of P dollars invested at r% simple interest for 13 years is given by P+13rPP + 13 r P . Factor this expression.


A) P(1+13r) P ( 1 + 13 r )
B) 14rP14 r P
C) r(P+13) r ( P + 13 )
D) r(1+13P) r ( 1 + 13P)
E) P(r+13) P ( r + 13 )

Correct Answer:

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