y=1000(1.02)^56

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Solution for y=1000(1.02)^56 equation: 



y=1000(1.02)^56

We move all terms to the left:

y-(1000(1.02)^56)=0

We add all the numbers together, and all the variables

y-3031.1652864836=0

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

y=3031.1652864836

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