42231.09=p(1+0.02)6

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Solution for 42231.09=p(1+0.02)6 equation: 


Simplifying
42231.09 = p(1 + 0.02) * 6

Combine like terms: 1 + 0.02 = 1.02
42231.09 = p(1.02) * 6

Reorder the terms for easier multiplication:
42231.09 = 1.02 * 6p

Multiply 1.02 * 6
42231.09 = 6.12p

Solving
42231.09 = 6.12p

Solving for variable 'p'.

Move all terms containing p to the left, all other terms to the right.

Add '-6.12p' to each side of the equation.
42231.09 + -6.12p = 6.12p + -6.12p

Combine like terms: 6.12p + -6.12p = 0.00
42231.09 + -6.12p = 0.00

Add '-42231.09' to each side of the equation.
42231.09 + -42231.09 + -6.12p = 0.00 + -42231.09

Combine like terms: 42231.09 + -42231.09 = 0.00
0.00 + -6.12p = 0.00 + -42231.09
-6.12p = 0.00 + -42231.09

Combine like terms: 0.00 + -42231.09 = -42231.09
-6.12p = -42231.09

Divide each side by '-6.12'.
p = 6900.504902

Simplifying
p = 6900.504902

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