2912=P(1+0.02*6)

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Solution for 2912=P(1+0.02*6) equation:


Simplifying
2912 = P(1 + 0.02 * 6)

Multiply 0.02 * 6
2912 = P(1 + 0.12)

Combine like terms: 1 + 0.12 = 1.12
2912 = P(1.12)

Reorder the terms for easier multiplication:
2912 = 1.12P

Solving
2912 = 1.12P

Solving for variable 'P'.

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

Add '-1.12P' to each side of the equation.
2912 + -1.12P = 1.12P + -1.12P

Combine like terms: 1.12P + -1.12P = 0.00
2912 + -1.12P = 0.00

Add '-2912' to each side of the equation.
2912 + -2912 + -1.12P = 0.00 + -2912

Combine like terms: 2912 + -2912 = 0
0 + -1.12P = 0.00 + -2912
-1.12P = 0.00 + -2912

Combine like terms: 0.00 + -2912 = -2912
-1.12P = -2912

Divide each side by '-1.12'.
P = 2600

Simplifying
P = 2600

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