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2050=1000*1.05^x/30
We move all terms to the left:
2050-(1000*1.05^x/30)=0
We get rid of parentheses
-1000*1.05^x/30+2050=0
We multiply all the terms by the denominator
-1000*1.05^x+2050*30=0
We add all the numbers together, and all the variables
-1000*1.05^x+61500=0
Wy multiply elements
-1000x+61500=0
We move all terms containing x to the left, all other terms to the right
-1000x=-61500
x=-61500/-1000
x=61+1/2
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