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Simplifying P = 450 + 0.03 + 3 Combine like terms: 450 + 0.03 = 450.03 P = 450.03 + 3 Combine like terms: 450.03 + 3 = 453.03 P = 453.03 Solving P = 453.03 Solving for variable 'P'. Move all terms containing P to the left, all other terms to the right. Simplifying P = 453.03
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