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65000=10000(1.06)5x
We move all terms to the left:
65000-(10000(1.06)5x)=0
We calculate terms in parentheses: -(10000(1.06)5x), so:We move all terms containing x to the left, all other terms to the right
10000(1.06)5x
We multiply parentheses
53000x
Back to the equation:
-(53000x)
-53000x=-65000
x=-65000/-53000
x=1+12/53
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