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Simplifying 0.16y + 0.03(y + 2000) = 1580 Reorder the terms: 0.16y + 0.03(2000 + y) = 1580 0.16y + (2000 * 0.03 + y * 0.03) = 1580 0.16y + (60 + 0.03y) = 1580 Reorder the terms: 60 + 0.16y + 0.03y = 1580 Combine like terms: 0.16y + 0.03y = 0.19y 60 + 0.19y = 1580 Solving 60 + 0.19y = 1580 Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-60' to each side of the equation. 60 + -60 + 0.19y = 1580 + -60 Combine like terms: 60 + -60 = 0 0 + 0.19y = 1580 + -60 0.19y = 1580 + -60 Combine like terms: 1580 + -60 = 1520 0.19y = 1520 Divide each side by '0.19'. y = 8000 Simplifying y = 8000
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