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1.06(1-x)=1.03
We move all terms to the left:
1.06(1-x)-(1.03)=0
We add all the numbers together, and all the variables
1.06(-1x+1)-(1.03)=0
We add all the numbers together, and all the variables
1.06(-1x+1)-1.03=0
We multiply parentheses
-1.06x+1.06-1.03=0
We add all the numbers together, and all the variables
-1.06x+0.03=0
We move all terms containing x to the left, all other terms to the right
-1.06x=-0.03
x=-0.03/-1.06
x=0.03/1.06
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