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Simplifying 16000 = y + (y(0.0635)) Reorder the terms for easier multiplication: 16000 = y + (0.0635y) Combine like terms: y + (0.0635y) = 1.0635y 16000 = 1.0635y Solving 16000 = 1.0635y Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-1.0635y' to each side of the equation. 16000 + -1.0635y = 1.0635y + -1.0635y Combine like terms: 1.0635y + -1.0635y = 0.0000 16000 + -1.0635y = 0.0000 Add '-16000' to each side of the equation. 16000 + -16000 + -1.0635y = 0.0000 + -16000 Combine like terms: 16000 + -16000 = 0 0 + -1.0635y = 0.0000 + -16000 -1.0635y = 0.0000 + -16000 Combine like terms: 0.0000 + -16000 = -16000 -1.0635y = -16000 Divide each side by '-1.0635'. y = 15044.66385 Simplifying y = 15044.66385
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