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y=12,000(1.06)
We simplify the equation to the form, which is simple to understand
y=12,000(1.06)
Reorder the terms in parentheses
y=+(+12.72)
Remove unnecessary parentheses
+y=+12.72
We move all terms containing y to the left and all other terms to the right.
+1y=+12.72
We simplify left and right side of the equation.
+1y=+12.72
We divide both sides of the equation by 1 to get y.
y=12.72
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