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Simplifying 3000 = y(0.03) + y Reorder the terms for easier multiplication: 3000 = 0.03y + y Combine like terms: 0.03y + y = 1.03y 3000 = 1.03y Solving 3000 = 1.03y Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-1.03y' to each side of the equation. 3000 + -1.03y = 1.03y + -1.03y Combine like terms: 1.03y + -1.03y = 0.00 3000 + -1.03y = 0.00 Add '-3000' to each side of the equation. 3000 + -3000 + -1.03y = 0.00 + -3000 Combine like terms: 3000 + -3000 = 0 0 + -1.03y = 0.00 + -3000 -1.03y = 0.00 + -3000 Combine like terms: 0.00 + -3000 = -3000 -1.03y = -3000 Divide each side by '-1.03'. y = 2912.621359 Simplifying y = 2912.621359
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