What is the value of P

Question

120,000= P x 2.7183(.048 x 30)

Answer 1

To find the value of P, let's first multiply the numbers on the right side of the equation:

2.7183 (0.048 x 30) = 2.7183 (1.44) = 3.914352

Now we have, 120000 = 3.914352 * P

If we divide both sides of the equation by 3.914352, we can find the value of P:

120000/ 3.914352 = 3.914352 P / 3.914352

30656.41516 = P