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X+(.064X)=60000
We move all terms to the left:
X+(.064X)-(60000)=0
We add all the numbers together, and all the variables
X+(+.064X)-60000=0
We get rid of parentheses
X+.064X-60000=0
We add all the numbers together, and all the variables
1.064X-60000=0
We move all terms containing X to the left, all other terms to the right
1.064X=60000
X=60000/1.064
X=56390+1/1.0230769230832
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