(1+x/12)^12=1.05

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Solution for (1+x/12)^12=1.05 equation: 



(1+x/12)^12=1.05

We move all terms to the left:

(1+x/12)^12-(1.05)=0

We add all the numbers together, and all the variables

(x/12+1)^12-(1.05)=0

We add all the numbers together, and all the variables

(x/12+1)^12-1.05=0

We multiply all the terms by the denominator


(x-(1.05)*12+1)^12=0

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