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Simplifying 8424 = x(1 + 0.08 * 7) Multiply 0.08 * 7 8424 = x(1 + 0.56) Combine like terms: 1 + 0.56 = 1.56 8424 = x(1.56) Reorder the terms for easier multiplication: 8424 = 1.56x Solving 8424 = 1.56x Solving for variable 'x'. Move all terms containing x to the left, all other terms to the right. Add '-1.56x' to each side of the equation. 8424 + -1.56x = 1.56x + -1.56x Combine like terms: 1.56x + -1.56x = 0.00 8424 + -1.56x = 0.00 Add '-8424' to each side of the equation. 8424 + -8424 + -1.56x = 0.00 + -8424 Combine like terms: 8424 + -8424 = 0 0 + -1.56x = 0.00 + -8424 -1.56x = 0.00 + -8424 Combine like terms: 0.00 + -8424 = -8424 -1.56x = -8424 Divide each side by '-1.56'. x = 5400 Simplifying x = 5400
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