From the question;
We are given the equation
[tex]\text{Number of payments = }\frac{Total\text{ of instalment payments}}{\text{Instalment payment}}[/tex]
Which is written in symbol form as
[tex]N=\frac{T}{P}[/tex]
We are to solve for T
This means we are to make T the subject of the formula
Therefore, we have
[tex]\begin{gathered} N=\frac{T}{P} \\ \text{Cross multiply} \\ N\times P=T \\ T=NP \end{gathered}[/tex]
Therefore, T = NP
