(1+x)=1.03*1.03

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Solution for (1+x)=1.03*1.03 equation:


(1+x)=1.03*1.03

We simplify the equation to the form, which is simple to understand 
(1+x)=1.03*1.03

Simplifying:
(1+x)=+1.0609

Remove unnecessary parentheses
1+x=+1.0609

We move all terms containing x to the left and all other terms to the right. 
+1x=+1.0609-1

We simplify left and right side of the equation. 
+1x=0.0609

We divide both sides of the equation by 1 to get x. 
x=0.0609

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