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x+.07x=54.74
We move all terms to the left:
x+.07x-(54.74)=0
We add all the numbers together, and all the variables
1.07x-54.74=0
We move all terms containing x to the left, all other terms to the right
1.07x=54.74
x=54.74/1.07
x=51+0.17/1.07
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