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Simplifying 1.01x(1 + r) = 1.0181 (1 * 1.01x + r * 1.01x) = 1.0181 Reorder the terms: (1.01rx + 1.01x) = 1.0181 (1.01rx + 1.01x) = 1.0181 Solving 1.01rx + 1.01x = 1.0181 Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-1.01x' to each side of the equation. 1.01rx + 1.01x + -1.01x = 1.0181 + -1.01x Combine like terms: 1.01x + -1.01x = 0.00 1.01rx + 0.00 = 1.0181 + -1.01x 1.01rx = 1.0181 + -1.01x Divide each side by '1.01x'. r = 1.008019802x-1 + -1 Simplifying r = 1.008019802x-1 + -1 Reorder the terms: r = -1 + 1.008019802x-1
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