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Simplifying 8000 = p(1 + 0.125 * 0.5) Multiply 0.125 * 0.5 8000 = p(1 + 0.0625) Combine like terms: 1 + 0.0625 = 1.0625 8000 = p(1.0625) Reorder the terms for easier multiplication: 8000 = 1.0625p Solving 8000 = 1.0625p Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '-1.0625p' to each side of the equation. 8000 + -1.0625p = 1.0625p + -1.0625p Combine like terms: 1.0625p + -1.0625p = 0.0000 8000 + -1.0625p = 0.0000 Add '-8000' to each side of the equation. 8000 + -8000 + -1.0625p = 0.0000 + -8000 Combine like terms: 8000 + -8000 = 0 0 + -1.0625p = 0.0000 + -8000 -1.0625p = 0.0000 + -8000 Combine like terms: 0.0000 + -8000 = -8000 -1.0625p = -8000 Divide each side by '-1.0625'. p = 7529.411765 Simplifying p = 7529.411765
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