1248000=y+(.04*y)

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Solution for 1248000=y+(.04*y) equation:


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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