0.06(500)+.04y=62

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Solution for 0.06(500)+.04y=62 equation: 


Simplifying
0.06(500) + 0.04y = 62

Multiply 0.06 * 500
30 + 0.04y = 62

Solving
30 + 0.04y = 62

Solving for variable 'y'.

Move all terms containing y to the left, all other terms to the right.

Add '-30' to each side of the equation.
30 + -30 + 0.04y = 62 + -30

Combine like terms: 30 + -30 = 0
0 + 0.04y = 62 + -30
0.04y = 62 + -30

Combine like terms: 62 + -30 = 32
0.04y = 32

Divide each side by '0.04'.
y = 800

Simplifying
y = 800

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