Solve for x
x=1.0175
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x=\frac{12.21}{12}
Divide both sides by 12.
x=\frac{1221}{1200}
Expand \frac{12.21}{12} by multiplying both numerator and the denominator by 100.
x=\frac{407}{400}
Reduce the fraction \frac{1221}{1200} to lowest terms by extracting and canceling out 3.
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