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85.000=10.000(1.01)7x
We move all terms to the left:
85.000-(10.000(1.01)7x)=0
We add all the numbers together, and all the variables
-(10.000(1.01)7x)+85=0
We calculate terms in parentheses: -(10.000(1.01)7x), so:We add all the numbers together, and all the variables
10.000(1.01)7x
We multiply parentheses
70.7x
Back to the equation:
-(70.7x)
-(+70.7x)+85=0
We get rid of parentheses
-70.7x+85=0
We move all terms containing x to the left, all other terms to the right
-70.7x=-85
x=-85/-70.7
x=1+1/4.9440559440559
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