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Simplifying (1 + x)(1 + 0.04) = 1.13 Combine like terms: 1 + 0.04 = 1.04 (1 + x)(1.04) = 1.13 Reorder the terms for easier multiplication: 1.04(1 + x) = 1.13 (1 * 1.04 + x * 1.04) = 1.13 (1.04 + 1.04x) = 1.13 Solving 1.04 + 1.04x = 1.13 Solving for variable 'x'. Move all terms containing x to the left, all other terms to the right. Add '-1.04' to each side of the equation. 1.04 + -1.04 + 1.04x = 1.13 + -1.04 Combine like terms: 1.04 + -1.04 = 0.00 0.00 + 1.04x = 1.13 + -1.04 1.04x = 1.13 + -1.04 Combine like terms: 1.13 + -1.04 = 0.09 1.04x = 0.09 Divide each side by '1.04'. x = 0.08653846154 Simplifying x = 0.08653846154
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