10,544=p(1+0.03*8)

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Solution for 10,544=p(1+0.03*8) equation: 



10.544=p(1+0.03*8)

We move all terms to the left:

10.544-(p(1+0.03*8))=0

We add all the numbers together, and all the variables

-(p(1.24))+10.544=0



We calculate terms in parentheses: -(p(1.24)), so:

p(1.24)

We multiply parentheses

1.24p

Back to the equation:

-(1.24p)



We add all the numbers together, and all the variables

-(+1.24p)+10.544=0

We get rid of parentheses

-1.24p+10.544=0

We move all terms containing p to the left, all other terms to the right

-1.24p=-10.544

p=-10.544/-1.24

p=8+0.624/1.24

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