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16800=x\left(1+0.15\right)
Multiply 0.03 and 5 to get 0.15.
16800=x\times 1.15
Add 1 and 0.15 to get 1.15.
x\times 1.15=16800
Swap sides so that all variable terms are on the left hand side.
x=\frac{16800}{1.15}
Divide both sides by 1.15.
x=\frac{1680000}{115}
Expand \frac{16800}{1.15} by multiplying both numerator and the denominator by 100.
x=\frac{336000}{23}
Reduce the fraction \frac{1680000}{115} to lowest terms by extracting and canceling out 5.