50000*1.02^x=1000000

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Solution for 50000*1.02^x=1000000 equation: 



50000*1.02^x=1000000

We move all terms to the left:

50000*1.02^x-(1000000)=0

Wy multiply elements

50000x-1000000=0

We move all terms containing x to the left, all other terms to the right

50000x=1000000

x=1000000/50000

x=20

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