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Simplifying 100 + 5x = 100(1.03) * x Multiply 100 * 1.03 100 + 5x = 103x Solving 100 + 5x = 103x Solving for variable 'x'. Move all terms containing x to the left, all other terms to the right. Add '-103x' to each side of the equation. 100 + 5x + -103x = 103x + -103x Combine like terms: 5x + -103x = -98x 100 + -98x = 103x + -103x Combine like terms: 103x + -103x = 0 100 + -98x = 0 Add '-100' to each side of the equation. 100 + -100 + -98x = 0 + -100 Combine like terms: 100 + -100 = 0 0 + -98x = 0 + -100 -98x = 0 + -100 Combine like terms: 0 + -100 = -100 -98x = -100 Divide each side by '-98'. x = 1.020408163 Simplifying x = 1.020408163
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