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42000=28000(1+0.08)t
We move all terms to the left:
42000-(28000(1+0.08)t)=0
We add all the numbers together, and all the variables
-(28000(1.08)t)+42000=0
We calculate terms in parentheses: -(28000(1.08)t), so:We move all terms containing t to the left, all other terms to the right
28000(1.08)t
We multiply parentheses
30240t
Back to the equation:
-(30240t)
-30240t=-42000
t=-42000/-30240
t=1+7/18
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