3696=P(1+(0.06)(2))

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Solution for 3696=P(1+(0.06)(2)) equation:


Simplifying
3696 = P(1 + (0.06)(2))

Multiply 0.06 * 2
3696 = P(1 + 0.12)

Combine like terms: 1 + 0.12 = 1.12
3696 = P(1.12)

Reorder the terms for easier multiplication:
3696 = 1.12P

Solving
3696 = 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.
3696 + -1.12P = 1.12P + -1.12P

Combine like terms: 1.12P + -1.12P = 0.00
3696 + -1.12P = 0.00

Add '-3696' to each side of the equation.
3696 + -3696 + -1.12P = 0.00 + -3696

Combine like terms: 3696 + -3696 = 0
0 + -1.12P = 0.00 + -3696
-1.12P = 0.00 + -3696

Combine like terms: 0.00 + -3696 = -3696
-1.12P = -3696

Divide each side by '-1.12'.
P = 3300

Simplifying
P = 3300

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