X=0.03(1+X)

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Solution for X=0.03(1+X) equation: 


Simplifying
X = 0.03(1 + X)
X = (1 * 0.03 + X * 0.03)
X = (0.03 + 0.03X)

Solving
X = 0.03 + 0.03X

Solving for variable 'X'.

Move all terms containing X to the left, all other terms to the right.

Add '-0.03X' to each side of the equation.
X + -0.03X = 0.03 + 0.03X + -0.03X

Combine like terms: X + -0.03X = 0.97X
0.97X = 0.03 + 0.03X + -0.03X

Combine like terms: 0.03X + -0.03X = 0.00
0.97X = 0.03 + 0.00
0.97X = 0.03

Divide each side by '0.97'.
X = 0.03092783505

Simplifying
X = 0.03092783505

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