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Simplifying 2000 = P(1 + 0.085 * 2) Multiply 0.085 * 2 2000 = P(1 + 0.17) Combine like terms: 1 + 0.17 = 1.17 2000 = P(1.17) Reorder the terms for easier multiplication: 2000 = 1.17P Solving 2000 = 1.17P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.17P' to each side of the equation. 2000 + -1.17P = 1.17P + -1.17P Combine like terms: 1.17P + -1.17P = 0.00 2000 + -1.17P = 0.00 Add '-2000' to each side of the equation. 2000 + -2000 + -1.17P = 0.00 + -2000 Combine like terms: 2000 + -2000 = 0 0 + -1.17P = 0.00 + -2000 -1.17P = 0.00 + -2000 Combine like terms: 0.00 + -2000 = -2000 -1.17P = -2000 Divide each side by '-1.17'. P = 1709.401709 Simplifying P = 1709.401709
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