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Simplifying P = 0.05(1500 + -490) Combine like terms: 1500 + -490 = 1010 P = 0.05(1010) Multiply 0.05 * 1010 P = 50.5 Solving P = 50.5 Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Simplifying P = 50.5
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