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n=7000000(1+0.05)^12
We move all terms to the left:
n-(7000000(1+0.05)^12)=0
We add all the numbers together, and all the variables
n-(7000000(1.05)^12)=0
We add all the numbers together, and all the variables
n-12570994.2822=0
We move all terms containing n to the left, all other terms to the right
n=12570994.2822
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