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Simplifying 1.06y + -100(3) = 100(0.71) Multiply -100 * 3 1.06y + -300 = 100(0.71) Reorder the terms: -300 + 1.06y = 100(0.71) Multiply 100 * 0.71 -300 + 1.06y = 71 Solving -300 + 1.06y = 71 Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '300' to each side of the equation. -300 + 300 + 1.06y = 71 + 300 Combine like terms: -300 + 300 = 0 0 + 1.06y = 71 + 300 1.06y = 71 + 300 Combine like terms: 71 + 300 = 371 1.06y = 371 Divide each side by '1.06'. y = 350 Simplifying y = 350
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