The Final Value of X Is 325 $x(1.08)^{5}+1,500+\frac{x}{1.04^{-3}}=\frac{2,800}{1.04^{6}}$

True/False

The final value of x is 325.25 given the formula $x(1.08)^{5}+1,500+\frac{x}{1.04^{-3}}=\frac{2,800}{1.04^{6}}$