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Simplifying 10934.52 = 7176.50[1 + (r)(0.6888888889)] Reorder the terms for easier multiplication: 10934.52 = 7176.50[1 + 0.6888888889r] 10934.52 = [1 * 7176.50 + 0.6888888889r * 7176.50] 10934.52 = [7176.5 + 4943.811111r] Solving 10934.52 = 7176.5 + 4943.811111r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-4943.811111r' to each side of the equation. 10934.52 + -4943.811111r = 7176.5 + 4943.811111r + -4943.811111r Combine like terms: 4943.811111r + -4943.811111r = 0.000000 10934.52 + -4943.811111r = 7176.5 + 0.000000 10934.52 + -4943.811111r = 7176.5 Add '-10934.52' to each side of the equation. 10934.52 + -10934.52 + -4943.811111r = 7176.5 + -10934.52 Combine like terms: 10934.52 + -10934.52 = 0.00 0.00 + -4943.811111r = 7176.5 + -10934.52 -4943.811111r = 7176.5 + -10934.52 Combine like terms: 7176.5 + -10934.52 = -3758.02 -4943.811111r = -3758.02 Divide each side by '-4943.811111'. r = 0.7601463558 Simplifying r = 0.7601463558
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