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Simplifying 5299.84 = p(1 + 0.04) Combine like terms: 1 + 0.04 = 1.04 5299.84 = p(1.04) Reorder the terms for easier multiplication: 5299.84 = 1.04p Solving 5299.84 = 1.04p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-1.04p' to each side of the equation. 5299.84 + -1.04p = 1.04p + -1.04p Combine like terms: 1.04p + -1.04p = 0.00 5299.84 + -1.04p = 0.00 Add '-5299.84' to each side of the equation. 5299.84 + -5299.84 + -1.04p = 0.00 + -5299.84 Combine like terms: 5299.84 + -5299.84 = 0.00 0.00 + -1.04p = 0.00 + -5299.84 -1.04p = 0.00 + -5299.84 Combine like terms: 0.00 + -5299.84 = -5299.84 -1.04p = -5299.84 Divide each side by '-1.04'. p = 5096 Simplifying p = 5096
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