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1.5=(1.05)n
We move all terms to the left:
1.5-((1.05)n)=0
We calculate terms in parentheses: -((1.05)n), so:We add all the numbers together, and all the variables
(1.05)n
We multiply parentheses
1.05n
Back to the equation:
-(1.05n)
-(+1.05n)+1.5=0
We get rid of parentheses
-1.05n+1.5=0
We move all terms containing n to the left, all other terms to the right
-1.05n=-1.5
n=-1.5/-1.05
n=1+0.45/1.05
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