Unit 3: 5-3 HW (1) 5.3 .13 HW Score: $$ \mathbf{5 5 . 5 6 \%}, 5 $$ of 9 points Points: 0 of 1 Save The formula, installment Psyment $$ =\frac{\text { Total of installment payments }}{\text { Number of payments }} $$ is used to find the the amount of each installment payment for a loan. The formula can be witten in symbols as $$ P=\frac{T}{N} $$. Solve the formula for $$ T $$ $$ T= $$

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To solve the formula $$ P = \frac{T}{N} $$ for $$ T $$, you want to isolate $$ T $$ on one side of the equation. Here's how you can do it step by step:

1. **Start with the original equation:**
   $$
   P = \frac{T}{N}
   $$

2. **Multiply both sides of the equation by $$ N $$ to eliminate the denominator:**
   $$
   P \times N = \frac{T}{N} \times N
   $$

3. **Simplify the right side of the equation:**
   $$
   P \times N = T
   $$

4. **Rearrange the equation to solve for $$ T $$:**
   $$
   T = P \times N
   $$

**Final Solution:**
$$
T = P \times N
$$

**Explanation:**
- $$ P $$ represents the amount of each installment payment.
- $$ N $$ represents the number of payments.
- By multiplying the amount of each payment ($$ P $$) by the number of payments ($$ N $$), you get the total amount of installment payments ($$ T $$).

**Example:**
If you make 5 payments ($$ N = 5 $$) of \$200 each ($$ P = \$200 $$), the total amount ($$ T $$) would be:
$$
T = 200 \times 5 = \$1000
$$
$$ T = P \times N $$

Unit 3: 5-3 HW
(1) 5.3 .13
HW Score: of 9 points
Points: 0 of 1
Save

The formula, installment Psyment is used to find the the amount of each installment payment for a loan. The formula can be witten in symbols as . Solve the formula for

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Unit 3: 5-3 HW (1) 5.3 .13 HW Score: of 9 points Points: 0 of 1 Save The formula, installment Psyment is used to find the the amount of each installment payment for a loan. The formula can be witten in symbols as . Solve the formula for