y=11000(1+(0.05)2)

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Solution for y=11000(1+(0.05)2) equation: 


Simplifying
y = 11000(1 + (0.05) * 2)

Multiply 0.05 * 2
y = 11000(1 + 0.1)

Combine like terms: 1 + 0.1 = 1.1
y = 11000(1.1)

Multiply 11000 * 1.1
y = 12100

Solving
y = 12100

Solving for variable 'y'.

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

Simplifying
y = 12100

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