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500=p(0.08)(1)
We move all terms to the left:
500-(p(0.08)(1))=0
We calculate terms in parentheses: -(p(0.08)1), so:We add all the numbers together, and all the variables
p(0.08)1
We multiply parentheses
0.08p
Back to the equation:
-(0.08p)
-(+0.08p)+500=0
We get rid of parentheses
-0.08p+500=0
We move all terms containing p to the left, all other terms to the right
-0.08p=-500
p=-500/-0.08
p=+6250
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