Can some one solve... 7260.74=Y+(Y•.06)

Question

I need help with this equation

Answer 1

7260.74 = Y + (Y•.06)

7260.74 = Y + .06y

7260.74 = 1.06y

6849.75 = Y

Y = 6849.75 (rounded)

 

 

Answer 2

7260.74 = Y + (Y·0.06)

7260.74 = Y + 0.06Y

7260.74 = 1.06Y

 

Can you solve for Y?

Answer 3

By order of operations, we should do what's in parentheses first. That gives us:

 

7260.74 = y + .06y

 

The right-hand side of the equation becomes 1.06y, so we have:

 

7260.74 = 1.06y

 

You should now be able to solve for y by dividing both sides by 1.06, Brandon