Basic Math Examples

$25000 = p {(1 + 0.0175)}^{28}$

Step 1

Rewrite the equation as $p {(1 + 0.0175)}^{28} = 25000$ .

$p {(1 + 0.0175)}^{28} = 25000$

Step 2

Add $1$ and $0.0175$ .

$p \cdot {1.0175}^{28} = 25000$

Step 3

Divide each term in $p \cdot {1.0175}^{28} = 25000$ by ${1.0175}^{28}$ and simplify.

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Step 3.1

Divide each term in $p \cdot {1.0175}^{28} = 25000$ by ${1.0175}^{28}$ .

$\frac{p \cdot {1.0175}^{28}}{{1.0175}^{28}} = \frac{25000}{{1.0175}^{28}}$

Step 3.2

Simplify the left side.

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Step 3.2.1

Cancel the common factor of ${1.0175}^{28}$ .

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Step 3.2.1.1

Cancel the common factor.

$\frac{p \cdot {1.0175}^{28}}{{1.0175}^{28}} = \frac{25000}{{1.0175}^{28}}$

Step 3.2.1.2

Divide $p$ by $1$ .

$p = \frac{25000}{{1.0175}^{28}}$

Step 3.3

Simplify the right side.

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Step 3.3.1

Raise $1.0175$ to the power of $28$ .

$p = \frac{25000}{1.62541289}$

Step 3.3.2

Divide $25000$ by $1.62541289$ .

$p = 15380.7073028$