2507=P(1+(0.03)3)

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Solution for 2507=P(1+(0.03)3) equation:


Simplifying
2507 = P(1 + (0.03) * 3)

Multiply 0.03 * 3
2507 = P(1 + 0.09)

Combine like terms: 1 + 0.09 = 1.09
2507 = P(1.09)

Reorder the terms for easier multiplication:
2507 = 1.09P

Solving
2507 = 1.09P

Solving for variable 'P'.

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

Add '-1.09P' to each side of the equation.
2507 + -1.09P = 1.09P + -1.09P

Combine like terms: 1.09P + -1.09P = 0.00
2507 + -1.09P = 0.00

Add '-2507' to each side of the equation.
2507 + -2507 + -1.09P = 0.00 + -2507

Combine like terms: 2507 + -2507 = 0
0 + -1.09P = 0.00 + -2507
-1.09P = 0.00 + -2507

Combine like terms: 0.00 + -2507 = -2507
-1.09P = -2507

Divide each side by '-1.09'.
P = 2300

Simplifying
P = 2300

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