10000=Px(1+0.05)4

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Solution for 10000=Px(1+0.05)4 equation: 



10000=P(1+0.05)4

We move all terms to the left:

10000-(P(1+0.05)4)=0

We add all the numbers together, and all the variables

-(P(1.05)4)+10000=0



We calculate terms in parentheses: -(P(1.05)4), so:

P(1.05)4

We multiply parentheses

4.2P

Back to the equation:

-(4.2P)



We add all the numbers together, and all the variables

-(+4.2P)+10000=0

We get rid of parentheses

-4.2P+10000=0

We move all terms containing P to the left, all other terms to the right

-4.2P=-10000

P=-10000/-4.2

P=2380+1/1.05

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