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5000=x\times \frac{1.08^{10}-1}{0.08}
Variable x cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by x.
5000=x\times \frac{2.15892499727278669824-1}{0.08}
Calculate 1.08 to the power of 10 and get 2.15892499727278669824.
5000=x\times \frac{1.15892499727278669824}{0.08}
Subtract 1 from 2.15892499727278669824 to get 1.15892499727278669824.
5000=x\times \frac{115892499727278669824}{8000000000000000000}
Expand \frac{1.15892499727278669824}{0.08} by multiplying both numerator and the denominator by 100000000000000000000.
5000=x\times \frac{55261850227012}{3814697265625}
Reduce the fraction \frac{115892499727278669824}{8000000000000000000} to lowest terms by extracting and canceling out 2097152.
x\times \frac{55261850227012}{3814697265625}=5000
Swap sides so that all variable terms are on the left hand side.
x=5000\times \frac{3814697265625}{55261850227012}
Multiply both sides by \frac{3814697265625}{55261850227012}, the reciprocal of \frac{55261850227012}{3814697265625}.
x=\frac{5000\times 3814697265625}{55261850227012}
Express 5000\times \frac{3814697265625}{55261850227012} as a single fraction.
x=\frac{19073486328125000}{55261850227012}
Multiply 5000 and 3814697265625 to get 19073486328125000.
x=\frac{4768371582031250}{13815462556753}
Reduce the fraction \frac{19073486328125000}{55261850227012} to lowest terms by extracting and canceling out 4.