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X-X(0.02)=1470000
We move all terms to the left:
X-X(0.02)-(1470000)=0
We multiply parentheses
X-0.02X-1470000=0
We add all the numbers together, and all the variables
0.98X-1470000=0
We move all terms containing X to the left, all other terms to the right
0.98X=1470000
X=1470000/0.98
X=1500000
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