p=10000/(1+0.05)4

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Solution for p=10000/(1+0.05)4 equation: 



p=10000/(1+0.05)4

We move all terms to the left:

p-(10000/(1+0.05)4)=0

We add all the numbers together, and all the variables

p-(10000/(1.05)4)=0

We add all the numbers together, and all the variables

p-1=0

We move all terms containing p to the left, all other terms to the right

p=1

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