f(1)=500(1.03)^1

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Solution for f(1)=500(1.03)^1 equation: 



f(1)=500(1.03)^1

We move all terms to the left:

f(1)-(500(1.03)^1)=0

We add all the numbers together, and all the variables

f-515=0

We move all terms containing f to the left, all other terms to the right

f=515

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