Solve x=105,000(1+.025)^16

$$x = 105,000 ( 1 + .025 ) ^ { 16 }$$

Solve for x

$$x=155873.090169359247814291792572475969791412353515625$$

Steps for Solving Linear Equation

Add 1 and 0.025 to get 1.025.

$$x=105000\times 1.025^{16}$$

Calculate 1.025 to the power of 16 and get 1.484505620660564264898017072118818759918212890625.

$$x=105000\times 1.484505620660564264898017072118818759918212890625$$

Multiply 105000 and 1.484505620660564264898017072118818759918212890625 to get 155873.090169359247814291792572475969791412353515625.

$$x=155873.090169359247814291792572475969791412353515625$$

Assign x

$$x≔155873.090169359247814291792572475969791412353515625$$