1.04(r-1)=1.04

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Solution for 1.04(r-1)=1.04 equation: 



1.04(r-1)=1.04

We move all terms to the left:

1.04(r-1)-(1.04)=0

We add all the numbers together, and all the variables

1.04(r-1)-1.04=0

We multiply parentheses

1.04r-1.04-1.04=0

We add all the numbers together, and all the variables

1.04r-2.08=0

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

1.04r=2.08

r=2.08/1.04

r=2

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