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1.06^x=1.6
We move all terms to the left:
1.06^x-(1.6)=0
We add all the numbers together, and all the variables
1.06^x-1.6=0
We move all terms containing x to the left, all other terms to the right
1.06^x=1.6
x=1.6/1
x=1.6
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