Posted by Kenny on Friday, January 22, 2010 at 8:02am.
y(1+.0875)=40
solve for y, the original value.
Thank you for helping bobpursley
I forget to put 1 for (1 + .0875).
Here is what I solve this:
y(1+.0875)=40
1.0875y=40
y=40/1.0875
y=$36.78
Thanks
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