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(x)*(1-.02)=1,280,000
We simplify the equation to the form, which is simple to understand
(x)*(1-.02)=1,280,000
Simplifying terms in parentheses
(x)*( + 0.98)=1,280,000
Reorder the terms in parentheses
multiplication of parentheses
( + 0.98x)=1,280,000
Remove unnecessary parentheses
+ 0.98x=1,280,000
We move all terms containing x to the left and all other terms to the right.
+ 0.98x=+1.28
We simplify left and right side of the equation.
+ 0.98x=+1.28
We divide both sides of the equation by 0.98 to get x.
x=1.30612244898
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