Given the following equation:
$$1000+(N-1)200=500\cdot 1.2^N-1$$
I need to find the value for $N$.
When there was no $N$ in the left-hand-side I will be able to solve the equation with logarithms. Unfortunately, now I do not know how I need to solve this equation.
I want to solve the equation algebraically instead of graphical.
Thank you in advance.