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Simplifying 9500 = P(1 + 0.255) Combine like terms: 1 + 0.255 = 1.255 9500 = P(1.255) Reorder the terms for easier multiplication: 9500 = 1.255P Solving 9500 = 1.255P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.255P' to each side of the equation. 9500 + -1.255P = 1.255P + -1.255P Combine like terms: 1.255P + -1.255P = 0.000 9500 + -1.255P = 0.000 Add '-9500' to each side of the equation. 9500 + -9500 + -1.255P = 0.000 + -9500 Combine like terms: 9500 + -9500 = 0 0 + -1.255P = 0.000 + -9500 -1.255P = 0.000 + -9500 Combine like terms: 0.000 + -9500 = -9500 -1.255P = -9500 Divide each side by '-1.255'. P = 7569.721116 Simplifying P = 7569.721116
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