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Simplifying p = 40000(1.05) + -12 Multiply 40000 * 1.05 p = 42000 + -12 Combine like terms: 42000 + -12 = 41988 p = 41988 Solving p = 41988 Solving for variable 'p'. Move all terms containing p to the left, all other terms to the right. Simplifying p = 41988
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