2368=P(1+.08*6)

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Solution for 2368=P(1+.08*6) equation:


Simplifying
2368 = P(1 + 0.08 * 6)

Multiply 0.08 * 6
2368 = P(1 + 0.48)

Combine like terms: 1 + 0.48 = 1.48
2368 = P(1.48)

Reorder the terms for easier multiplication:
2368 = 1.48P

Solving
2368 = 1.48P

Solving for variable 'P'.

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

Add '-1.48P' to each side of the equation.
2368 + -1.48P = 1.48P + -1.48P

Combine like terms: 1.48P + -1.48P = 0.00
2368 + -1.48P = 0.00

Add '-2368' to each side of the equation.
2368 + -2368 + -1.48P = 0.00 + -2368

Combine like terms: 2368 + -2368 = 0
0 + -1.48P = 0.00 + -2368
-1.48P = 0.00 + -2368

Combine like terms: 0.00 + -2368 = -2368
-1.48P = -2368

Divide each side by '-1.48'.
P = 1600

Simplifying
P = 1600

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