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1000+5000r=1350
We simplify the equation to the form, which is simple to understand
1000+5000r=1350
We move all terms containing r to the left and all other terms to the right.
+5000r=+1350-1000
We simplify left and right side of the equation.
+5000r=+350
We divide both sides of the equation by 5000 to get r.
r=0.07
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