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Simplifying 5904 = P(1 + 0.64) Combine like terms: 1 + 0.64 = 1.64 5904 = P(1.64) Reorder the terms for easier multiplication: 5904 = 1.64P Solving 5904 = 1.64P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.64P' to each side of the equation. 5904 + -1.64P = 1.64P + -1.64P Combine like terms: 1.64P + -1.64P = 0.00 5904 + -1.64P = 0.00 Add '-5904' to each side of the equation. 5904 + -5904 + -1.64P = 0.00 + -5904 Combine like terms: 5904 + -5904 = 0 0 + -1.64P = 0.00 + -5904 -1.64P = 0.00 + -5904 Combine like terms: 0.00 + -5904 = -5904 -1.64P = -5904 Divide each side by '-1.64'. P = 3600 Simplifying P = 3600
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