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y+0.5=\frac{7}{4}
Divide both sides by 4.
y=\frac{7}{4}-0.5
Subtract 0.5 from both sides.
y=\frac{7}{4}-\frac{1}{2}
Convert decimal number 0.5 to fraction \frac{5}{10}. Reduce the fraction \frac{5}{10} to lowest terms by extracting and canceling out 5.
y=\frac{7}{4}-\frac{2}{4}
Least common multiple of 4 and 2 is 4. Convert \frac{7}{4} and \frac{1}{2} to fractions with denominator 4.
y=\frac{7-2}{4}
Since \frac{7}{4} and \frac{2}{4} have the same denominator, subtract them by subtracting their numerators.
y=\frac{5}{4}
Subtract 2 from 7 to get 5.