(x*1.05)*1.05=8500

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Solution for (x*1.05)*1.05=8500 equation: 



(x*1.05)*1.05=8500

We move all terms to the left:

(x*1.05)*1.05-(8500)=0

We add all the numbers together, and all the variables

(+x*1.05)*1.05-8500=0

We multiply parentheses

1.1025x-8500=0

We move all terms containing x to the left, all other terms to the right

1.1025x=8500

x=8500/1.1025

x=7709+0.827499999999/1.1025

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