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Simplifying 2500 = p(1 + 0.05)(4) Combine like terms: 1 + 0.05 = 1.05 2500 = p(1.05)(4) Reorder the terms for easier multiplication: 2500 = 1.05 * 4p Multiply 1.05 * 4 2500 = 4.2p Solving 2500 = 4.2p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-4.2p' to each side of the equation. 2500 + -4.2p = 4.2p + -4.2p Combine like terms: 4.2p + -4.2p = 0.0 2500 + -4.2p = 0.0 Add '-2500' to each side of the equation. 2500 + -2500 + -4.2p = 0.0 + -2500 Combine like terms: 2500 + -2500 = 0 0 + -4.2p = 0.0 + -2500 -4.2p = 0.0 + -2500 Combine like terms: 0.0 + -2500 = -2500 -4.2p = -2500 Divide each side by '-4.2'. p = 595.2380952 Simplifying p = 595.2380952
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