Y=100(1+0.04)12

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Solution for Y=100(1+0.04)12 equation: 


Simplifying
Y = 100(1 + 0.04) * 12

Combine like terms: 1 + 0.04 = 1.04
Y = 100(1.04) * 12

Multiply 100 * 1.04
Y = 104 * 12

Multiply 104 * 12
Y = 1248

Solving
Y = 1248

Solving for variable 'Y'.

Move all terms containing Y to the left, all other terms to the right.

Simplifying
Y = 1248

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