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Simplifying 0.17y + 0.07(y + 5000) = 1550 Reorder the terms: 0.17y + 0.07(5000 + y) = 1550 0.17y + (5000 * 0.07 + y * 0.07) = 1550 0.17y + (350 + 0.07y) = 1550 Reorder the terms: 350 + 0.17y + 0.07y = 1550 Combine like terms: 0.17y + 0.07y = 0.24y 350 + 0.24y = 1550 Solving 350 + 0.24y = 1550 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 + 0.24y = 1550 + -350 Combine like terms: 350 + -350 = 0 0 + 0.24y = 1550 + -350 0.24y = 1550 + -350 Combine like terms: 1550 + -350 = 1200 0.24y = 1200 Divide each side by '0.24'. y = 5000 Simplifying y = 5000
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