10300=p(1+0.04(7))

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Solution for 10300=p(1+0.04(7)) equation: 



10300=p(1+0.04(7))

We move all terms to the left:

10300-(p(1+0.04(7)))=0

We add all the numbers together, and all the variables

-(p(1.047))+10300=0



We calculate terms in parentheses: -(p(1.047)), so:

p(1.047)

We multiply parentheses

1.047p

Back to the equation:

-(1.047p)



We add all the numbers together, and all the variables

-(+1.047p)+10300=0

We get rid of parentheses

-1.047p+10300=0

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

-1.047p=-10300

p=-10300/-1.047

p=9837+0.66100000000006/1.047

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