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6000=p(1+0.08*7)
We move all terms to the left:
6000-(p(1+0.08*7))=0
We add all the numbers together, and all the variables
-(p(1.56))+6000=0
We calculate terms in parentheses: -(p(1.56)), so:We add all the numbers together, and all the variables
p(1.56)
We multiply parentheses
1.56p
Back to the equation:
-(1.56p)
-(+1.56p)+6000=0
We get rid of parentheses
-1.56p+6000=0
We move all terms containing p to the left, all other terms to the right
-1.56p=-6000
p=-6000/-1.56
p=3846+0.23999999999978/1.56
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