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Solve for P_t
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P_{t}=\frac{115001}{5}\times \frac{2}{3}
Convert decimal number 23000.2 to fraction \frac{230002}{10}. Reduce the fraction \frac{230002}{10} to lowest terms by extracting and canceling out 2.
P_{t}=\frac{115001\times 2}{5\times 3}
Multiply \frac{115001}{5} times \frac{2}{3} by multiplying numerator times numerator and denominator times denominator.
P_{t}=\frac{230002}{15}
Do the multiplications in the fraction \frac{115001\times 2}{5\times 3}.