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Simplifying m = p(1 + (0.08)(7)) Multiply 0.08 * 7 m = p(1 + 0.56) Combine like terms: 1 + 0.56 = 1.56 m = p(1.56) Reorder the terms for easier multiplication: m = 1.56p Solving m = 1.56p Solving for variable 'm'. Move all terms containing m to the left, all other terms to the right. Simplifying m = 1.56p
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