1000=300(1+r)

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Solution for 1000=300(1+r) equation: 


Simplifying
1000 = 300(1 + r)
1000 = (1 * 300 + r * 300)
1000 = (300 + 300r)

Solving
1000 = 300 + 300r

Solving for variable 'r'.

Move all terms containing r to the left, all other terms to the right.

Add '-300r' to each side of the equation.
1000 + -300r = 300 + 300r + -300r

Combine like terms: 300r + -300r = 0
1000 + -300r = 300 + 0
1000 + -300r = 300

Add '-1000' to each side of the equation.
1000 + -1000 + -300r = 300 + -1000

Combine like terms: 1000 + -1000 = 0
0 + -300r = 300 + -1000
-300r = 300 + -1000

Combine like terms: 300 + -1000 = -700
-300r = -700

Divide each side by '-300'.
r = 2.333333333

Simplifying
r = 2.333333333

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