y=500+.3y

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Solution for y=500+.3y equation: 


Simplifying
y = 500 + 0.3y

Solving
y = 500 + 0.3y

Solving for variable 'y'.

Move all terms containing y to the left, all other terms to the right.

Add '-0.3y' to each side of the equation.
y + -0.3y = 500 + 0.3y + -0.3y

Combine like terms: y + -0.3y = 0.7y
0.7y = 500 + 0.3y + -0.3y

Combine like terms: 0.3y + -0.3y = 0.0
0.7y = 500 + 0.0
0.7y = 500

Divide each side by '0.7'.
y = 714.2857143

Simplifying
y = 714.2857143

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