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0.12(y-3)+0.16=0.04y-0.6
We move all terms to the left:
0.12(y-3)+0.16-(0.04y-0.6)=0
We multiply parentheses
0.12y-(0.04y-0.6)-0.36+0.16=0
We get rid of parentheses
0.12y-0.04y+0.6-0.36+0.16=0
We add all the numbers together, and all the variables
0.08y+0.4=0
We move all terms containing y to the left, all other terms to the right
0.08y=-0.4
y=-0.4/0.08
y=-5
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