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P\left(1+i\right)^{N}=V
Swap sides so that all variable terms are on the left hand side.
\left(1+i\right)^{N}P=V
The equation is in standard form.
\frac{\left(1+i\right)^{N}P}{\left(1+i\right)^{N}}=\frac{V}{\left(1+i\right)^{N}}
Divide both sides by \left(1+i\right)^{N}.
P=\frac{V}{\left(1+i\right)^{N}}
Dividing by \left(1+i\right)^{N} undoes the multiplication by \left(1+i\right)^{N}.