p=1500(1+.05)-12

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Solution for p=1500(1+.05)-12 equation: 


Simplifying
p = 1500(1 + 0.05) + -12

Combine like terms: 1 + 0.05 = 1.05
p = 1500(1.05) + -12

Multiply 1500 * 1.05
p = 1575 + -12

Combine like terms: 1575 + -12 = 1563
p = 1563

Solving
p = 1563

Solving for variable 'p'.

Move all terms containing p to the left, all other terms to the right.

Simplifying
p = 1563

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