3000=p+p(0.06)5

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Solution for 3000=p+p(0.06)5 equation: 



3000=p+p(0.06)5

We move all terms to the left:

3000-(p+p(0.06)5)=0



We calculate terms in parentheses: -(p+p(0.06)5), so:

p+p(0.06)5

We multiply parentheses

p+0.3p

We add all the numbers together, and all the variables

1.3p

Back to the equation:

-(1.3p)



We add all the numbers together, and all the variables

-(+1.3p)+3000=0

We get rid of parentheses

-1.3p+3000=0

We move all terms containing p to the left, all other terms to the right

-1.3p=-3000

p=-3000/-1.3

p=2307+0.90000000000009/1.3

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