35,000=p(1+.03)6

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Solution for 35,000=p(1+.03)6 equation: 



35.000=p(1+.03)6

We move all terms to the left:

35.000-(p(1+.03)6)=0

We add all the numbers together, and all the variables

-(p(1.03)6)+35.000=0

We add all the numbers together, and all the variables

-(p(1.03)6)+35=0



We calculate terms in parentheses: -(p(1.03)6), so:

p(1.03)6

We multiply parentheses

6.18p

Back to the equation:

-(6.18p)



We add all the numbers together, and all the variables

-(+6.18p)+35=0

We get rid of parentheses

-6.18p+35=0

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

-6.18p=-35

p=-35/-6.18

p=5+1.95238095238/2.94285714286

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