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\frac{10000\left(\frac{1}{100}k+1\right)^{2}}{10000}=\frac{22500}{10000}
Divide both sides by 10000.
\left(\frac{1}{100}k+1\right)^{2}=\frac{22500}{10000}
Dividing by 10000 undoes the multiplication by 10000.
\left(\frac{1}{100}k+1\right)^{2}=\frac{9}{4}
Reduce the fraction \frac{22500}{10000} to lowest terms by extracting and canceling out 2500.
\frac{1}{100}k+1=\frac{3}{2} \frac{1}{100}k+1=-\frac{3}{2}
Take the square root of both sides of the equation.
\frac{1}{100}k+1-1=\frac{3}{2}-1 \frac{1}{100}k+1-1=-\frac{3}{2}-1
Subtract 1 from both sides of the equation.
\frac{1}{100}k=\frac{3}{2}-1 \frac{1}{100}k=-\frac{3}{2}-1
Subtracting 1 from itself leaves 0.
\frac{1}{100}k=\frac{1}{2}
Subtract 1 from \frac{3}{2}.
\frac{1}{100}k=-\frac{5}{2}
Subtract 1 from -\frac{3}{2}.
\frac{\frac{1}{100}k}{\frac{1}{100}}=\frac{\frac{1}{2}}{\frac{1}{100}} \frac{\frac{1}{100}k}{\frac{1}{100}}=-\frac{\frac{5}{2}}{\frac{1}{100}}
Multiply both sides by 100.
k=\frac{\frac{1}{2}}{\frac{1}{100}} k=-\frac{\frac{5}{2}}{\frac{1}{100}}
Dividing by \frac{1}{100} undoes the multiplication by \frac{1}{100}.
k=50
Divide \frac{1}{2} by \frac{1}{100} by multiplying \frac{1}{2} by the reciprocal of \frac{1}{100}.
k=-250
Divide -\frac{5}{2} by \frac{1}{100} by multiplying -\frac{5}{2} by the reciprocal of \frac{1}{100}.
k=50 k=-250
The equation is now solved.