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Simplifying p = 31050.89 + -1(I(p * 0.04 * 0.85)) Reorder the terms for easier multiplication: p = 31050.89 + -1(I(0.04 * 0.85p)) Multiply 0.04 * 0.85 p = 31050.89 + -1(I(0.034p)) Remove parenthesis around (0.034p) p = 31050.89 + -1(I * 0.034p) Reorder the terms for easier multiplication: p = 31050.89 + -1(0.034I * p) Multiply I * p p = 31050.89 + -1(0.034pI) Remove parenthesis around (0.034pI) p = 31050.89 + -1 * 0.034pI Multiply -1 * 0.034 p = 31050.89 + -0.034pI Solving p = 31050.89 + -0.034pI Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Add '0.034pI' to each side of the equation. p + 0.034pI = 31050.89 + -0.034pI + 0.034pI Combine like terms: -0.034pI + 0.034pI = 0.000 p + 0.034pI = 31050.89 + 0.000 p + 0.034pI = 31050.89 Reorder the terms: -31050.89 + p + 0.034pI = 31050.89 + -31050.89 Combine like terms: 31050.89 + -31050.89 = 0.00 -31050.89 + p + 0.034pI = 0.00 The solution to this equation could not be determined.
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