1,000(1+r)2=1,210

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Solution for 1,000(1+r)2=1,210 equation: 



1.000(1+r)2=1.210

We move all terms to the left:

1.000(1+r)2-(1.210)=0

We add all the numbers together, and all the variables

1.000(r+1)2-(1.21)=0

We add all the numbers together, and all the variables

1.000(r+1)2-1.21=0

We multiply parentheses

2r+2-1.21=0

We add all the numbers together, and all the variables

2r+0.79=0

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

2r=-0.79

r=-0.79/2

r=-0.79/2

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