Solve for P....

Question

0

491

3

Solve for P and thanks for help:

P*[(1-(1.005)^-60)/(.005)] + [89932.09*(1.005)^-60] - 100000=0, solve for P

Guest Oct 8, 2016

Guest · Answer 1 · 2016-10-08T10:36:23

p = 0 because anything times 0 is 0.

Guest · Answer 2 · 2016-10-08T10:50:47

No!. P has a real value. You didn't try hard enough.

Guest · Answer 3 · 2016-10-09T12:12:58

Solve for P and thanks for help:

P*[(1-(1.005)^-60)/(.005)] + [89932.09*(1.005)^-60] - 100000=0, solve for P

P*[51.725561] + [66,673.15] - 100,000 = 0

P*[51.725561] - 33,326.85 = 0

P*[51.725561] =33,326.85 divide both sides by 51.725561

P =644.30 - Both sides of the equation balance.