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55.000=10.000(1.06)5x
We move all terms to the left:
55.000-(10.000(1.06)5x)=0
We add all the numbers together, and all the variables
-(10.000(1.06)5x)+55=0
We calculate terms in parentheses: -(10.000(1.06)5x), so:We move all terms containing x to the left, all other terms to the right
10.000(1.06)5x
We multiply parentheses
53x
Back to the equation:
-(53x)
-53x=-55
x=-55/-53
x=1+2/53
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