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Simplifying 160 = L(1 + -0.03) Combine like terms: 1 + -0.03 = 0.97 160 = L(0.97) Reorder the terms for easier multiplication: 160 = 0.97L Solving 160 = 0.97L Solving for variable 'L'. Move all terms containing L to the left, all other terms to the right. Add '-0.97L' to each side of the equation. 160 + -0.97L = 0.97L + -0.97L Combine like terms: 0.97L + -0.97L = 0.00 160 + -0.97L = 0.00 Add '-160' to each side of the equation. 160 + -160 + -0.97L = 0.00 + -160 Combine like terms: 160 + -160 = 0 0 + -0.97L = 0.00 + -160 -0.97L = 0.00 + -160 Combine like terms: 0.00 + -160 = -160 -0.97L = -160 Divide each side by '-0.97'. L = 164.9484536 Simplifying L = 164.9484536
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