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Simplifying 20027.47 = 18060.53[1 + (r)(0.9805555556)] Reorder the terms for easier multiplication: 20027.47 = 18060.53[1 + 0.9805555556r] 20027.47 = [1 * 18060.53 + 0.9805555556r * 18060.53] 20027.47 = [18060.53 + 17709.35303r] Solving 20027.47 = 18060.53 + 17709.35303r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-17709.35303r' to each side of the equation. 20027.47 + -17709.35303r = 18060.53 + 17709.35303r + -17709.35303r Combine like terms: 17709.35303r + -17709.35303r = 0.00000 20027.47 + -17709.35303r = 18060.53 + 0.00000 20027.47 + -17709.35303r = 18060.53 Add '-20027.47' to each side of the equation. 20027.47 + -20027.47 + -17709.35303r = 18060.53 + -20027.47 Combine like terms: 20027.47 + -20027.47 = 0.00 0.00 + -17709.35303r = 18060.53 + -20027.47 -17709.35303r = 18060.53 + -20027.47 Combine like terms: 18060.53 + -20027.47 = -1966.94 -17709.35303r = -1966.94 Divide each side by '-17709.35303'. r = 0.1110678632 Simplifying r = 0.1110678632
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