SOLUTION: I put the following equation into your website and received the correct answer. Great! I can't seem to follow the process behind "how". I guess I am asking for a more thorough e

Question 849978: I put the following equation into your website and received the correct answer. Great! I can't seem to follow the process behind "how". I guess I am asking for a more thorough explanation as I cannot seem to follow it or apply a simplified version to get my answer on similar questions. Thank you!
210,902=y+y(.01)
The answer is $208,813.86
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!

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