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1.1=1.015*1.05419*(1+x)
We simplify the equation to the form, which is simple to understand
1.1=1.015*1.05419*(1+x)
Simplifying:
1.1=+1.07000285*(1+x)
Reorder the terms in parentheses
1.1=+(+1.07000285+1.07000285x)
Remove unnecessary parentheses
+1.1=+1.07000285+1.07000285x
We move all terms containing x to the left and all other terms to the right.
-1.07000285x=+1.07000285-1.1
We simplify left and right side of the equation.
-1.07000285x=-0.02999715
We divide both sides of the equation by -01.07000285 to get x.
x=0.0280346449545
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