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Simplifying y = 3500(1 + 0.07) Combine like terms: 1 + 0.07 = 1.07 y = 3500(1.07) Multiply 3500 * 1.07 y = 3745 Solving y = 3745 Solving for variable 'y'. Move all terms containing y to the left, all other terms to the right. Simplifying y = 3745
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