1019200*(1+r)=1040000

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Solution for 1019200*(1+r)=1040000 equation:


1019200*(1+r)=1040000

We simplify the equation to the form, which is simple to understand 
1019200*(1+r)=1040000

Reorder the terms in parentheses
+(+1019200+1019200r)=1040000

Remove unnecessary parentheses
+1019200+1019200r=+1040000

We move all terms containing r to the left and all other terms to the right. 
+1019200r=+1040000-1019200

We simplify left and right side of the equation. 
+1019200r=+20800

We divide both sides of the equation by 1019200 to get r. 
r=0.020408163265306

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