B- 1,200 1,200
-P
N
r
1,200
The formula above gives the monthly payment m
needed to pay off a loan of P dollars at percent
annual interest over N months. Which of the
following gives P in terms of m, r, and N ?
r
A) P-
M
1,200 1.200
N
r
-1
1,200
1
1 +
1,200
B) P-
1 +
1,200
1,200
C) P=
71
1,200

When your working with the passage-based reading questions on the psat do all of the following except. a)make sure you read each question throughly. b) try to answer each question before you look at the answers. c) plan to spend most of your time reading the passage. d) make sure your answer choice is the most correct number me