5000=p+p(.06)(2)

Solution for 5000=p+p(.06)(2) equation:

5000=p+p(.06)(2)

We move all terms to the left:

5000-(p+p(.06)(2))=0

We add all the numbers together, and all the variables

-(p+p(0.06)2)+5000=0


We calculate terms in parentheses: -(p+p(0.06)2), so:

p+p(0.06)2

We multiply parentheses

p+0.12p

We add all the numbers together, and all the variables

1.12p

Back to the equation:

-(1.12p)


We add all the numbers together, and all the variables

-(+1.12p)+5000=0

We get rid of parentheses

-1.12p+5000=0

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

-1.12p=-5000

p=-5000/-1.12

p=4464+0.31999999999971/1.12