Solve 29000=14000(1+0.0175/2)2*x

$$29000 = 14000 ( 1 + \frac { 0.0175 } { 2 } ) 2 \cdot x$$

Solve for x

$$x = \frac{5800}{5649} = 1\frac{151}{5649} \approx 1.026730395$$

Steps for Solving Linear Equation

Expand \frac{0.0175}{2} by multiplying both numerator and the denominator by 10000.

$$29000=14000\left(1+\frac{175}{20000}\right)\times 2x$$

Reduce the fraction \frac{175}{20000} to lowest terms by extracting and canceling out 25.

$$29000=14000\left(1+\frac{7}{800}\right)\times 2x$$

Convert 1 to fraction \frac{800}{800}.

$$29000=14000\left(\frac{800}{800}+\frac{7}{800}\right)\times 2x$$

Since \frac{800}{800} and \frac{7}{800} have the same denominator, add them by adding their numerators.

$$29000=14000\times \frac{800+7}{800}\times 2x$$

Add 800 and 7 to get 807.

$$29000=14000\times \frac{807}{800}\times 2x$$

Express 14000\times \frac{807}{800} as a single fraction.

$$29000=\frac{14000\times 807}{800}\times 2x$$

Multiply 14000 and 807 to get 11298000.

$$29000=\frac{11298000}{800}\times 2x$$

Reduce the fraction \frac{11298000}{800} to lowest terms by extracting and canceling out 400.

$$29000=\frac{28245}{2}\times 2x$$

Cancel out 2 and 2.

$$29000=28245x$$

Swap sides so that all variable terms are on the left hand side.

$$28245x=29000$$

Divide both sides by 28245.

$$x=\frac{29000}{28245}$$

Reduce the fraction \frac{29000}{28245} to lowest terms by extracting and canceling out 5.

$$x=\frac{5800}{5649}$$