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10544=p(1+0.053*6)
We move all terms to the left:
10544-(p(1+0.053*6))=0
We add all the numbers together, and all the variables
-(p(1.318))+10544=0
We calculate terms in parentheses: -(p(1.318)), so:We add all the numbers together, and all the variables
p(1.318)
We multiply parentheses
1.318p
Back to the equation:
-(1.318p)
-(+1.318p)+10544=0
We get rid of parentheses
-1.318p+10544=0
We move all terms containing p to the left, all other terms to the right
-1.318p=-10544
p=-10544/-1.318
p=+8000
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