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Simplifying 481 = p(1 + 0.15 * 2) Multiply 0.15 * 2 481 = p(1 + 0.3) Combine like terms: 1 + 0.3 = 1.3 481 = p(1.3) Reorder the terms for easier multiplication: 481 = 1.3p Solving 481 = 1.3p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-1.3p' to each side of the equation. 481 + -1.3p = 1.3p + -1.3p Combine like terms: 1.3p + -1.3p = 0.0 481 + -1.3p = 0.0 Add '-481' to each side of the equation. 481 + -481 + -1.3p = 0.0 + -481 Combine like terms: 481 + -481 = 0 0 + -1.3p = 0.0 + -481 -1.3p = 0.0 + -481 Combine like terms: 0.0 + -481 = -481 -1.3p = -481 Divide each side by '-1.3'. p = 370 Simplifying p = 370
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