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Simplifying 0.12y + 0.08(y + 7000) = 1960 Reorder the terms: 0.12y + 0.08(7000 + y) = 1960 0.12y + (7000 * 0.08 + y * 0.08) = 1960 0.12y + (560 + 0.08y) = 1960 Reorder the terms: 560 + 0.12y + 0.08y = 1960 Combine like terms: 0.12y + 0.08y = 0.2y 560 + 0.2y = 1960 Solving 560 + 0.2y = 1960 Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-560' to each side of the equation. 560 + -560 + 0.2y = 1960 + -560 Combine like terms: 560 + -560 = 0 0 + 0.2y = 1960 + -560 0.2y = 1960 + -560 Combine like terms: 1960 + -560 = 1400 0.2y = 1400 Divide each side by '0.2'. y = 7000 Simplifying y = 7000
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