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Simplifying 2147 = 1197[1 + (r)(0.4615384615)] Reorder the terms for easier multiplication: 2147 = 1197[1 + 0.4615384615r] 2147 = [1 * 1197 + 0.4615384615r * 1197] 2147 = [1197 + 552.4615384r] Solving 2147 = 1197 + 552.4615384r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-552.4615384r' to each side of the equation. 2147 + -552.4615384r = 1197 + 552.4615384r + -552.4615384r Combine like terms: 552.4615384r + -552.4615384r = 0.0000000 2147 + -552.4615384r = 1197 + 0.0000000 2147 + -552.4615384r = 1197 Add '-2147' to each side of the equation. 2147 + -2147 + -552.4615384r = 1197 + -2147 Combine like terms: 2147 + -2147 = 0 0 + -552.4615384r = 1197 + -2147 -552.4615384r = 1197 + -2147 Combine like terms: 1197 + -2147 = -950 -552.4615384r = -950 Divide each side by '-552.4615384'. r = 1.71957672 Simplifying r = 1.71957672
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