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187345=x\times \frac{1-1.1040808032}{1-1.02}
Calculate 1.02 to the power of 5 and get 1.1040808032.
187345=x\times \frac{-0.1040808032}{1-1.02}
Subtract 1.1040808032 from 1 to get -0.1040808032.
187345=x\times \frac{-0.1040808032}{-0.02}
Subtract 1.02 from 1 to get -0.02.
187345=x\times \frac{-1040808032}{-200000000}
Expand \frac{-0.1040808032}{-0.02} by multiplying both numerator and the denominator by 10000000000.
187345=x\times \frac{32525251}{6250000}
Reduce the fraction \frac{-1040808032}{-200000000} to lowest terms by extracting and canceling out -32.
x\times \frac{32525251}{6250000}=187345
Swap sides so that all variable terms are on the left hand side.
x=187345\times \frac{6250000}{32525251}
Multiply both sides by \frac{6250000}{32525251}, the reciprocal of \frac{32525251}{6250000}.
x=\frac{187345\times 6250000}{32525251}
Express 187345\times \frac{6250000}{32525251} as a single fraction.
x=\frac{1170906250000}{32525251}
Multiply 187345 and 6250000 to get 1170906250000.