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Simplifying 1248000 = y + (0.04y) Combine like terms: y + (0.04y) = 1.04y 1248000 = 1.04y Solving 1248000 = 1.04y Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-1.04y' to each side of the equation. 1248000 + -1.04y = 1.04y + -1.04y Combine like terms: 1.04y + -1.04y = 0.00 1248000 + -1.04y = 0.00 Add '-1248000' to each side of the equation. 1248000 + -1248000 + -1.04y = 0.00 + -1248000 Combine like terms: 1248000 + -1248000 = 0 0 + -1.04y = 0.00 + -1248000 -1.04y = 0.00 + -1248000 Combine like terms: 0.00 + -1248000 = -1248000 -1.04y = -1248000 Divide each side by '-1.04'. y = 1200000 Simplifying y = 1200000
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