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Simplifying 6900 = p + 0.04p Combine like terms: p + 0.04p = 1.04p 6900 = 1.04p Solving 6900 = 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. 6900 + -1.04p = 1.04p + -1.04p Combine like terms: 1.04p + -1.04p = 0.00 6900 + -1.04p = 0.00 Add '-6900' to each side of the equation. 6900 + -6900 + -1.04p = 0.00 + -6900 Combine like terms: 6900 + -6900 = 0 0 + -1.04p = 0.00 + -6900 -1.04p = 0.00 + -6900 Combine like terms: 0.00 + -6900 = -6900 -1.04p = -6900 Divide each side by '-1.04'. p = 6634.615385 Simplifying p = 6634.615385
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