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1.08y=y+48
We simplify the equation to the form, which is simple to understand
1.08y=y+48
We move all terms containing y to the left and all other terms to the right.
+1.08y-1y=+48
We simplify left and right side of the equation.
+ 0.08y=+48
We divide both sides of the equation by 0.08 to get y.
y=600
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