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y=2300(1-0.04)^10
We move all terms to the left:
y-(2300(1-0.04)^10)=0
We add all the numbers together, and all the variables
y-(2300(0.96)^10)=0
We add all the numbers together, and all the variables
y-1529.1150627805=0
We move all terms containing y to the left, all other terms to the right
y=1529.1150627805
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