20,000=12,000(1+.08)t

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Solution for 20,000=12,000(1+.08)t equation: 



20.000=12.000(1+.08)t

We move all terms to the left:

20.000-(12.000(1+.08)t)=0

We add all the numbers together, and all the variables

-(12.000(1.08)t)+20.000=0

We add all the numbers together, and all the variables

-(12.000(1.08)t)+20=0



We calculate terms in parentheses: -(12.000(1.08)t), so:

12.000(1.08)t

We multiply parentheses

12.96t

Back to the equation:

-(12.96t)



We add all the numbers together, and all the variables

-(+12.96t)+20=0

We get rid of parentheses

-12.96t+20=0

We move all terms containing t to the left, all other terms to the right

-12.96t=-20

t=-20/-12.96

t=1+6.7692307692308/12.461538461538

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