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Simplifying 7194 = P(1 + 0.10 * 1) Multiply 0.10 * 1 7194 = P(1 + 0.1) Combine like terms: 1 + 0.1 = 1.1 7194 = P(1.1) Reorder the terms for easier multiplication: 7194 = 1.1P Solving 7194 = 1.1P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-1.1P' to each side of the equation. 7194 + -1.1P = 1.1P + -1.1P Combine like terms: 1.1P + -1.1P = 0.0 7194 + -1.1P = 0.0 Add '-7194' to each side of the equation. 7194 + -7194 + -1.1P = 0.0 + -7194 Combine like terms: 7194 + -7194 = 0 0 + -1.1P = 0.0 + -7194 -1.1P = 0.0 + -7194 Combine like terms: 0.0 + -7194 = -7194 -1.1P = -7194 Divide each side by '-1.1'. P = 6540 Simplifying P = 6540
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