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Simplifying 1.05x + -500 = 1.08x + -1000 Reorder the terms: -500 + 1.05x = 1.08x + -1000 Reorder the terms: -500 + 1.05x = -1000 + 1.08x Solving -500 + 1.05x = -1000 + 1.08x Solving for variable 'x'. Move all terms containing x to the left, all other terms to the right. Add '-1.08x' to each side of the equation. -500 + 1.05x + -1.08x = -1000 + 1.08x + -1.08x Combine like terms: 1.05x + -1.08x = -0.03x -500 + -0.03x = -1000 + 1.08x + -1.08x Combine like terms: 1.08x + -1.08x = 0.00 -500 + -0.03x = -1000 + 0.00 -500 + -0.03x = -1000 Add '500' to each side of the equation. -500 + 500 + -0.03x = -1000 + 500 Combine like terms: -500 + 500 = 0 0 + -0.03x = -1000 + 500 -0.03x = -1000 + 500 Combine like terms: -1000 + 500 = -500 -0.03x = -500 Divide each side by '-0.03'. x = 16666.66667 Simplifying x = 16666.66667
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