(1+r)^20=1.05

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Solution for (1+r)^20=1.05 equation: 



(1+r)^20=1.05

We move all terms to the left:

(1+r)^20-(1.05)=0

We add all the numbers together, and all the variables

(r+1)^20-(1.05)=0

We add all the numbers together, and all the variables

(r+1)^20-1.05=0

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

(r+1)^20=1.05

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