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Simplifying 58800 = P + -1(0.00917P) Remove parenthesis around (0.00917P) 58800 = P + -1 * 0.00917P Multiply -1 * 0.00917 58800 = P + -0.00917P Combine like terms: P + -0.00917P = 0.99083P 58800 = 0.99083P Solving 58800 = 0.99083P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-0.99083P' to each side of the equation. 58800 + -0.99083P = 0.99083P + -0.99083P Combine like terms: 0.99083P + -0.99083P = 0.00000 58800 + -0.99083P = 0.00000 Add '-58800' to each side of the equation. 58800 + -58800 + -0.99083P = 0.00000 + -58800 Combine like terms: 58800 + -58800 = 0 0 + -0.99083P = 0.00000 + -58800 -0.99083P = 0.00000 + -58800 Combine like terms: 0.00000 + -58800 = -58800 -0.99083P = -58800 Divide each side by '-0.99083'. P = 59344.18619 Simplifying P = 59344.18619
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