y=372000(1+0.05)^8

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Solution for y=372000(1+0.05)^8 equation:



y=372000(1+0.05)^8
We move all terms to the left:
y-(372000(1+0.05)^8)=0
We add all the numbers together, and all the variables
y-(372000(1.05)^8)=0
We add all the numbers together, and all the variables
y-549613.42508953=0
We move all terms containing y to the left, all other terms to the right
y=549613.42508953

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