Finite Math Examples

Solve for p 6000=p(1+0.062/1)^5
Step 1
Rewrite the equation as .
Step 2
Simplify.
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Step 2.1
Divide by .
Step 2.2
Add and .
Step 3
Divide each term in by and simplify.
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Step 3.1
Divide each term in by .
Step 3.2
Simplify the left side.
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Step 3.2.1
Cancel the common factor of .
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Step 3.2.1.1
Cancel the common factor.
Step 3.2.1.2
Divide by .
Step 3.3
Simplify the right side.
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Step 3.3.1
Raise to the power of .
Step 3.3.2
Divide by .