y=150,000(1+0.008)^5

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Solution for y=150,000(1+0.008)^5 equation: 



y=150.000(1+0.008)^5

We move all terms to the left:

y-(150.000(1+0.008)^5)=0

We add all the numbers together, and all the variables

y-(150.000(1.008)^5)=0

We add all the numbers together, and all the variables

y-156.09677107692=0

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

y=156.09677107692

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