240=x(.03)12

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Solution for 240=x(.03)12 equation:


Simplifying
240 = x(0.03) * 12

Reorder the terms for easier multiplication:
240 = 0.03 * 12x

Multiply 0.03 * 12
240 = 0.36x

Solving
240 = 0.36x

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Add '-0.36x' to each side of the equation.
240 + -0.36x = 0.36x + -0.36x

Combine like terms: 0.36x + -0.36x = 0.00
240 + -0.36x = 0.00

Add '-240' to each side of the equation.
240 + -240 + -0.36x = 0.00 + -240

Combine like terms: 240 + -240 = 0
0 + -0.36x = 0.00 + -240
-0.36x = 0.00 + -240

Combine like terms: 0.00 + -240 = -240
-0.36x = -240

Divide each side by '-0.36'.
x = 666.6666667

Simplifying
x = 666.6666667

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