550000=p(1+0.1)5

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Solution for 550000=p(1+0.1)5 equation:


Simplifying
550000 = p(1 + 0.1) * 5

Combine like terms: 1 + 0.1 = 1.1
550000 = p(1.1) * 5

Reorder the terms for easier multiplication:
550000 = 1.1 * 5p

Multiply 1.1 * 5
550000 = 5.5p

Solving
550000 = 5.5p

Solving for variable 'p'.

Move all terms containing p to the left, all other terms to the right.

Add '-5.5p' to each side of the equation.
550000 + -5.5p = 5.5p + -5.5p

Combine like terms: 5.5p + -5.5p = 0.0
550000 + -5.5p = 0.0

Add '-550000' to each side of the equation.
550000 + -550000 + -5.5p = 0.0 + -550000

Combine like terms: 550000 + -550000 = 0
0 + -5.5p = 0.0 + -550000
-5.5p = 0.0 + -550000

Combine like terms: 0.0 + -550000 = -550000
-5.5p = -550000

Divide each side by '-5.5'.
p = 100000

Simplifying
p = 100000

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