This document provides examples of how to evaluate algebraic expressions and formulas by substituting given values for variables and simplifying. It demonstrates substituting 1 for X in the expression X + 4 to get an answer of 5, substituting 4 for X and 2 for Y in 5XY to get an answer of 40, and substituting 10 for X in the formula Y = X + 2 to solve for Y being equal to 12.