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Simplifying (1 + 0.11) = (1 + 0.02)(1 + x) Combine like terms: 1 + 0.11 = 1.11 (1.11) = (1 + 0.02)(1 + x) 1.11 = (1 + 0.02)(1 + x) Combine like terms: 1 + 0.02 = 1.02 1.11 = (1.02)(1 + x) 1.11 = (1 * 1.02 + x * 1.02) 1.11 = (1.02 + 1.02x) Solving 1.11 = 1.02 + 1.02x Solving for variable 'x'. Move all terms containing x to the left, all other terms to the right. Add '-1.02x' to each side of the equation. 1.11 + -1.02x = 1.02 + 1.02x + -1.02x Combine like terms: 1.02x + -1.02x = 0.00 1.11 + -1.02x = 1.02 + 0.00 1.11 + -1.02x = 1.02 Add '-1.11' to each side of the equation. 1.11 + -1.11 + -1.02x = 1.02 + -1.11 Combine like terms: 1.11 + -1.11 = 0.00 0.00 + -1.02x = 1.02 + -1.11 -1.02x = 1.02 + -1.11 Combine like terms: 1.02 + -1.11 = -0.09 -1.02x = -0.09 Divide each side by '-1.02'. x = 0.08823529412 Simplifying x = 0.08823529412
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