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Simplifying 1824.62 = 1137.95[1 + (r)(0.7307692308)] Reorder the terms for easier multiplication: 1824.62 = 1137.95[1 + 0.7307692308r] 1824.62 = [1 * 1137.95 + 0.7307692308r * 1137.95] 1824.62 = [1137.95 + 831.5788462r] Solving 1824.62 = 1137.95 + 831.5788462r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-831.5788462r' to each side of the equation. 1824.62 + -831.5788462r = 1137.95 + 831.5788462r + -831.5788462r Combine like terms: 831.5788462r + -831.5788462r = 0.0000000 1824.62 + -831.5788462r = 1137.95 + 0.0000000 1824.62 + -831.5788462r = 1137.95 Add '-1824.62' to each side of the equation. 1824.62 + -1824.62 + -831.5788462r = 1137.95 + -1824.62 Combine like terms: 1824.62 + -1824.62 = 0.00 0.00 + -831.5788462r = 1137.95 + -1824.62 -831.5788462r = 1137.95 + -1824.62 Combine like terms: 1137.95 + -1824.62 = -686.67 -831.5788462r = -686.67 Divide each side by '-831.5788462'. r = 0.8257425055 Simplifying r = 0.8257425055
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