SOLUTION: 6.5%=(10,000,000-P)/P * (365/180) solve for P, answer is 9,689,408 please show the steps, very grateful for anyone who answers

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Question 683563: 6.5%=(10,000,000-P)/P * (365/180)
solve for P, answer is 9,689,408
please show the steps, very grateful for anyone who answers

Answer by vtjimmy(2)   (Show Source): You can put this solution on YOUR website!
solved it:
0.03205=10,000,000-P/P
0.03205P=10,000,000-P
1.03205P=10,000,000
= 9,689,453.03

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