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Simplifying 300000 = n + -1((100000 * 0.07) + ((n + -100000) * 0.03)) Multiply 100000 * 0.07 300000 = n + -1((7000) + ((n + -100000) * 0.03)) 300000 = n + -1(7000 + ((n + -100000) * 0.03)) Reorder the terms: 300000 = n + -1(7000 + ((-100000 + n) * 0.03)) Reorder the terms for easier multiplication: 300000 = n + -1(7000 + (0.03(-100000 + n))) 300000 = n + -1(7000 + ((-100000 * 0.03 + n * 0.03))) 300000 = n + -1(7000 + ((-3000 + 0.03n))) 300000 = n + -1(7000 + (-3000 + 0.03n)) Remove parenthesis around (-3000 + 0.03n) 300000 = n + -1(7000 + -3000 + 0.03n) Combine like terms: 7000 + -3000 = 4000 300000 = n + -1(4000 + 0.03n) 300000 = n + (4000 * -1 + 0.03n * -1) 300000 = n + (-4000 + -0.03n) Reorder the terms: 300000 = -4000 + n + -0.03n Combine like terms: n + -0.03n = 0.97n 300000 = -4000 + 0.97n Solving 300000 = -4000 + 0.97n Solving for variable 'n'. Move all terms containing n to the left, all other terms to the right. Add '-0.97n' to each side of the equation. 300000 + -0.97n = -4000 + 0.97n + -0.97n Combine like terms: 0.97n + -0.97n = 0.00 300000 + -0.97n = -4000 + 0.00 300000 + -0.97n = -4000 Add '-300000' to each side of the equation. 300000 + -300000 + -0.97n = -4000 + -300000 Combine like terms: 300000 + -300000 = 0 0 + -0.97n = -4000 + -300000 -0.97n = -4000 + -300000 Combine like terms: -4000 + -300000 = -304000 -0.97n = -304000 Divide each side by '-0.97'. n = 313402.0619 Simplifying n = 313402.0619
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