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Simplifying 4321 = P(1 + 0.07 * 7) Multiply 0.07 * 7 4321 = P(1 + 0.49) Combine like terms: 1 + 0.49 = 1.49 4321 = P(1.49) Reorder the terms for easier multiplication: 4321 = 1.49P Solving 4321 = 1.49P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.49P' to each side of the equation. 4321 + -1.49P = 1.49P + -1.49P Combine like terms: 1.49P + -1.49P = 0.00 4321 + -1.49P = 0.00 Add '-4321' to each side of the equation. 4321 + -4321 + -1.49P = 0.00 + -4321 Combine like terms: 4321 + -4321 = 0 0 + -1.49P = 0.00 + -4321 -1.49P = 0.00 + -4321 Combine like terms: 0.00 + -4321 = -4321 -1.49P = -4321 Divide each side by '-1.49'. P = 2900 Simplifying P = 2900
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