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95.000=10.000(1.06)7x
We move all terms to the left:
95.000-(10.000(1.06)7x)=0
We add all the numbers together, and all the variables
-(10.000(1.06)7x)+95=0
We calculate terms in parentheses: -(10.000(1.06)7x), so:We add all the numbers together, and all the variables
10.000(1.06)7x
We multiply parentheses
74.2x
Back to the equation:
-(74.2x)
-(+74.2x)+95=0
We get rid of parentheses
-74.2x+95=0
We move all terms containing x to the left, all other terms to the right
-74.2x=-95
x=-95/-74.2
x=1+7.4285714285714/26.5
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