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Simplifying 0.12y + 0.02(y + 2000) = 1020 Reorder the terms: 0.12y + 0.02(2000 + y) = 1020 0.12y + (2000 * 0.02 + y * 0.02) = 1020 0.12y + (40 + 0.02y) = 1020 Reorder the terms: 40 + 0.12y + 0.02y = 1020 Combine like terms: 0.12y + 0.02y = 0.14y 40 + 0.14y = 1020 Solving 40 + 0.14y = 1020 Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-40' to each side of the equation. 40 + -40 + 0.14y = 1020 + -40 Combine like terms: 40 + -40 = 0 0 + 0.14y = 1020 + -40 0.14y = 1020 + -40 Combine like terms: 1020 + -40 = 980 0.14y = 980 Divide each side by '0.14'. y = 7000 Simplifying y = 7000
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