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

Algebra ->  Linear-equations -> 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      Log On


   

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) About Me  (Show Source):