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Simplifying 0.18y + 0.05(y + 7000) = 1040 Reorder the terms: 0.18y + 0.05(7000 + y) = 1040 0.18y + (7000 * 0.05 + y * 0.05) = 1040 0.18y + (350 + 0.05y) = 1040 Reorder the terms: 350 + 0.18y + 0.05y = 1040 Combine like terms: 0.18y + 0.05y = 0.23y 350 + 0.23y = 1040 Solving 350 + 0.23y = 1040 Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-350' to each side of the equation. 350 + -350 + 0.23y = 1040 + -350 Combine like terms: 350 + -350 = 0 0 + 0.23y = 1040 + -350 0.23y = 1040 + -350 Combine like terms: 1040 + -350 = 690 0.23y = 690 Divide each side by '0.23'. y = 3000 Simplifying y = 3000
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