x=0.2*x+0.04

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Solution for x=0.2*x+0.04 equation: 



x=0.2x+0.04

We move all terms to the left:

x-(0.2x+0.04)=0

We get rid of parentheses

x-0.2x-0.04=0

We add all the numbers together, and all the variables

0.8x-0.04=0

We move all terms containing x to the left, all other terms to the right

0.8x=0.04

x=0.04/0.8

x=0.04/0.8

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