y=500(1+0.08)^5

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Solution for y=500(1+0.08)^5 equation: 



y=500(1+0.08)^5

We move all terms to the left:

y-(500(1+0.08)^5)=0

We add all the numbers together, and all the variables

y-(500(1.08)^5)=0

We add all the numbers together, and all the variables

y-734.6640384=0

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

y=734.6640384

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