0.11y+0.04(y+4000)=1060

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Solution for 0.11y+0.04(y+4000)=1060 equation: 


Simplifying
0.11y + 0.04(y + 4000) = 1060

Reorder the terms:
0.11y + 0.04(4000 + y) = 1060
0.11y + (4000 * 0.04 + y * 0.04) = 1060
0.11y + (160 + 0.04y) = 1060

Reorder the terms:
160 + 0.11y + 0.04y = 1060

Combine like terms: 0.11y + 0.04y = 0.15y
160 + 0.15y = 1060

Solving
160 + 0.15y = 1060

Solving for variable 'y'.

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

Add '-160' to each side of the equation.
160 + -160 + 0.15y = 1060 + -160

Combine like terms: 160 + -160 = 0
0 + 0.15y = 1060 + -160
0.15y = 1060 + -160

Combine like terms: 1060 + -160 = 900
0.15y = 900

Divide each side by '0.15'.
y = 6000

Simplifying
y = 6000

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