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Simplifying 0.16y + 0.05(y + 7000) = 2030 Reorder the terms: 0.16y + 0.05(7000 + y) = 2030 0.16y + (7000 * 0.05 + y * 0.05) = 2030 0.16y + (350 + 0.05y) = 2030 Reorder the terms: 350 + 0.16y + 0.05y = 2030 Combine like terms: 0.16y + 0.05y = 0.21y 350 + 0.21y = 2030 Solving 350 + 0.21y = 2030 Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-350' to each side of the equation. 350 + -350 + 0.21y = 2030 + -350 Combine like terms: 350 + -350 = 0 0 + 0.21y = 2030 + -350 0.21y = 2030 + -350 Combine like terms: 2030 + -350 = 1680 0.21y = 1680 Divide each side by '0.21'. y = 8000 Simplifying y = 8000
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