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Simplifying y = 16 + 0.02y Solving y = 16 + 0.02y Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Add '-0.02y' to each side of the equation. y + -0.02y = 16 + 0.02y + -0.02y Combine like terms: y + -0.02y = 0.98y 0.98y = 16 + 0.02y + -0.02y Combine like terms: 0.02y + -0.02y = 0.00 0.98y = 16 + 0.00 0.98y = 16 Divide each side by '0.98'. y = 16.32653061 Simplifying y = 16.32653061
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