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Simplifying 10000 = P[1 + 0.09(6)] Multiply 0.09 * 6 10000 = P[1 + 0.54] Combine like terms: 1 + 0.54 = 1.54 10000 = P[1.54] Reorder the terms for easier multiplication: 10000 = 1.54P Solving 10000 = 1.54P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.54P' to each side of the equation. 10000 + -1.54P = 1.54P + -1.54P Combine like terms: 1.54P + -1.54P = 0.00 10000 + -1.54P = 0.00 Add '-10000' to each side of the equation. 10000 + -10000 + -1.54P = 0.00 + -10000 Combine like terms: 10000 + -10000 = 0 0 + -1.54P = 0.00 + -10000 -1.54P = 0.00 + -10000 Combine like terms: 0.00 + -10000 = -10000 -1.54P = -10000 Divide each side by '-1.54'. P = 6493.506494 Simplifying P = 6493.506494
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