y=1000(1.02)

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Solution for y=1000(1.02) equation: 


Simplifying
y = 1000(1.02)

Multiply 1000 * 1.02
y = 1020

Solving
y = 1020

Solving for variable 'y'.

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

Simplifying
y = 1020

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