Solve the following equation for the given variable.

I=Prt\displaystyle {I}={P}{r}{t} for t\displaystyle {t}, when:

I=$1612.8\displaystyle {I}=\${1612.8} and P=$1,440\displaystyle {P}=\${1},{440}, and r=7%\displaystyle {r}={7}\%.

Write your answer as an equation, such as t=5\displaystyle {t}={5}

years.
 

I=Prt\displaystyle {I}={P}{r}{t} in general for t\displaystyle {t}