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2500=p+p(.05)4
We move all terms to the left:
2500-(p+p(.05)4)=0
We add all the numbers together, and all the variables
-(p+p(0.05)4)+2500=0
We calculate terms in parentheses: -(p+p(0.05)4), so:We add all the numbers together, and all the variables
p+p(0.05)4
We multiply parentheses
p+0.2p
We add all the numbers together, and all the variables
1.2p
Back to the equation:
-(1.2p)
-(+1.2p)+2500=0
We get rid of parentheses
-1.2p+2500=0
We move all terms containing p to the left, all other terms to the right
-1.2p=-2500
p=-2500/-1.2
p=2083+0.40000000000009/1.2
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