Short Answer

Simplifying Corporate Budget Formulas

A project manager is simplifying a cost estimation formula for a department of 100 employees. The formula is currently written as 100(0.7+0.15p){}100(0.7 + 0.15p), where pp represents a variable performance bonus. To make the formula easier for the payroll department to process without decimals, the manager multiplies each term inside the parentheses by 100. Based on the simplification process for this specific expression, what is the resulting simplified expression?

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Updated 2026-05-25

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