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1.05x-1030=1.03x
We move all terms to the left:
1.05x-1030-(1.03x)=0
We add all the numbers together, and all the variables
1.05x-(+1.03x)-1030=0
We get rid of parentheses
1.05x-1.03x-1030=0
We add all the numbers together, and all the variables
0.02x-1030=0
We move all terms containing x to the left, all other terms to the right
0.02x=1030
x=1030/0.02
x=51500
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