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i=5000*(16.99/12)
We simplify the equation to the form, which is simple to understand
i=5000*(16.99/12)
Reorder the terms in parentheses
i=+(+7079.1666666667)
Remove unnecessary parentheses
+i=+7079.1666666667
We move all terms containing i to the left and all other terms to the right.
+1i=+7079.1666666667
We simplify left and right side of the equation.
+1i=+7079.1666666667
We divide both sides of the equation by 1 to get i.
i=7079.1666666667
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