P(t)=24000(1.07)t

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Solution for P(t)=24000(1.07)t equation: 



(P)=24000(1.07)P

We move all terms to the left:

(P)-(24000(1.07)P)=0



We calculate terms in parentheses: -(24000(1.07)P), so:

24000(1.07)P

We multiply parentheses

25680P

Back to the equation:

-(25680P)



We add all the numbers together, and all the variables

-25679P=0

P=0/-25679

P=0

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