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1.1136=1.02*1.03*(1+x)
We simplify the equation to the form, which is simple to understand
1.1136=1.02*1.03*(1+x)
Simplifying:
1.1136=+1.0506*(1+x)
Reorder the terms in parentheses
1.1136=+(+1.0506+1.0506x)
Remove unnecessary parentheses
+1.1136=+1.0506+1.0506x
We move all terms containing x to the left and all other terms to the right.
-1.0506x=+1.0506-1.1136
We simplify left and right side of the equation.
-1.0506x=-0.063
We divide both sides of the equation by -01.0506 to get x.
x=0.0599657338664
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