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y=12000(1+.07)
We move all terms to the left:
y-(12000(1+.07))=0
We add all the numbers together, and all the variables
y-(12000(1.07))=0
We add all the numbers together, and all the variables
y-12840=0
We move all terms containing y to the left, all other terms to the right
y=12840
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