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Simplifying 733 = P(1 + 0.01) * 3 Combine like terms: 1 + 0.01 = 1.01 733 = P(1.01) * 3 Reorder the terms for easier multiplication: 733 = 1.01 * 3P Multiply 1.01 * 3 733 = 3.03P Solving 733 = 3.03P Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Add '-3.03P' to each side of the equation. 733 + -3.03P = 3.03P + -3.03P Combine like terms: 3.03P + -3.03P = 0.00 733 + -3.03P = 0.00 Add '-733' to each side of the equation. 733 + -733 + -3.03P = 0.00 + -733 Combine like terms: 733 + -733 = 0 0 + -3.03P = 0.00 + -733 -3.03P = 0.00 + -733 Combine like terms: 0.00 + -733 = -733 -3.03P = -733 Divide each side by '-3.03'. P = 241.9141914 Simplifying P = 241.9141914
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