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Simplifying 8 = y * 1.05 Reorder the terms for easier multiplication: 8 = 1.05y Solving 8 = 1.05y Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-1.05y' to each side of the equation. 8 + -1.05y = 1.05y + -1.05y Combine like terms: 1.05y + -1.05y = 0.00 8 + -1.05y = 0.00 Add '-8' to each side of the equation. 8 + -8 + -1.05y = 0.00 + -8 Combine like terms: 8 + -8 = 0 0 + -1.05y = 0.00 + -8 -1.05y = 0.00 + -8 Combine like terms: 0.00 + -8 = -8 -1.05y = -8 Divide each side by '-1.05'. y = 7.619047619 Simplifying y = 7.619047619
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