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0.01(-1)+0.05(P+4-3)=0.07
We move all terms to the left:
0.01(-1)+0.05(P+4-3)-(0.07)=0
We add all the numbers together, and all the variables
0.05(P+1)+0.01(-1)-(0.07)=0
We add all the numbers together, and all the variables
0.05(P+1)-0.08=0
We multiply parentheses
0.05P+0.05-0.08=0
We add all the numbers together, and all the variables
0.05P-0.03=0
We move all terms containing P to the left, all other terms to the right
0.05P=0.03
P=0.03/0.05
P=0.03/0.05
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