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Simplifying p + (0.025) * p = 40000 Combine like terms: p + 0.025p = 1.025p 1.025p = 40000 Solving 1.025p = 40000 Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Divide each side by '1.025'. p = 39024.39024 Simplifying p = 39024.39024
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