Question

Simple Math

Answer 1

\[1600=P(1+0.023)^2\]

Answer 2

Solve for P. The answer is 1528.86350975

I just need to figure out the steps.

Answer 3

So far I have

1600=P(1+0.023)^2 Add
1600=P(1.023)^2 Exponent
1600=P(1.046529) Subtract
1598.953471=P

But this is obviously incorrect

Answer 4

@FaiqRaees @TorilovesVampires @OTFGLOBOY @caseysorensen @ZnappyDooZ

Answer 5

The error is at third step. Look clearly is the number being multiplied with P or added?

Answer 6

Multiplied. Does that mean divide by both sides?

Answer 7

Okay. I see.

Answer 8

Thank you.

Answer 9

Yeah