1.046=1+r/12

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Solution for 1.046=1+r/12 equation:



1.046=1+r/12
We move all terms to the left:
1.046-(1+r/12)=0
We add all the numbers together, and all the variables
-(r/12+1)+1.046=0
We get rid of parentheses
-r/12-1+1.046=0
We multiply all the terms by the denominator
-r-1*12+(1.046)*12=0
We add all the numbers together, and all the variables
-1r+0.552=0
We move all terms containing r to the left, all other terms to the right
-r=-0.552
r=-0.552/-1
r=0.552/1

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