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Simplifying 4644 = p(1 + 0.08 * 9) Multiply 0.08 * 9 4644 = p(1 + 0.72) Combine like terms: 1 + 0.72 = 1.72 4644 = p(1.72) Reorder the terms for easier multiplication: 4644 = 1.72p Solving 4644 = 1.72p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-1.72p' to each side of the equation. 4644 + -1.72p = 1.72p + -1.72p Combine like terms: 1.72p + -1.72p = 0.00 4644 + -1.72p = 0.00 Add '-4644' to each side of the equation. 4644 + -4644 + -1.72p = 0.00 + -4644 Combine like terms: 4644 + -4644 = 0 0 + -1.72p = 0.00 + -4644 -1.72p = 0.00 + -4644 Combine like terms: 0.00 + -4644 = -4644 -1.72p = -4644 Divide each side by '-1.72'. p = 2700 Simplifying p = 2700
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