18000=p(1+(.055)(5))

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Solution for 18000=p(1+(.055)(5)) equation:


Simplifying
18000 = p(1 + (0.055)(5))

Multiply 0.055 * 5
18000 = p(1 + 0.275)

Combine like terms: 1 + 0.275 = 1.275
18000 = p(1.275)

Reorder the terms for easier multiplication:
18000 = 1.275p

Solving
18000 = 1.275p

Solving for variable 'p'.

Move all terms containing p to the left, all other terms to the right.

Add '-1.275p' to each side of the equation.
18000 + -1.275p = 1.275p + -1.275p

Combine like terms: 1.275p + -1.275p = 0.000
18000 + -1.275p = 0.000

Add '-18000' to each side of the equation.
18000 + -18000 + -1.275p = 0.000 + -18000

Combine like terms: 18000 + -18000 = 0
0 + -1.275p = 0.000 + -18000
-1.275p = 0.000 + -18000

Combine like terms: 0.000 + -18000 = -18000
-1.275p = -18000

Divide each side by '-1.275'.
p = 14117.64706

Simplifying
p = 14117.64706

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