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Simplifying 1755 = P(1 + 0.05 * 4) Multiply 0.05 * 4 1755 = P(1 + 0.2) Combine like terms: 1 + 0.2 = 1.2 1755 = P(1.2) Reorder the terms for easier multiplication: 1755 = 1.2P Solving 1755 = 1.2P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.2P' to each side of the equation. 1755 + -1.2P = 1.2P + -1.2P Combine like terms: 1.2P + -1.2P = 0.0 1755 + -1.2P = 0.0 Add '-1755' to each side of the equation. 1755 + -1755 + -1.2P = 0.0 + -1755 Combine like terms: 1755 + -1755 = 0 0 + -1.2P = 0.0 + -1755 -1.2P = 0.0 + -1755 Combine like terms: 0.0 + -1755 = -1755 -1.2P = -1755 Divide each side by '-1.2'. P = 1462.5 Simplifying P = 1462.5
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