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Simplifying 1000 = 300(1 + r) * 5 Reorder the terms for easier multiplication: 1000 = 300 * 5(1 + r) Multiply 300 * 5 1000 = 1500(1 + r) 1000 = (1 * 1500 + r * 1500) 1000 = (1500 + 1500r) Solving 1000 = 1500 + 1500r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-1500r' to each side of the equation. 1000 + -1500r = 1500 + 1500r + -1500r Combine like terms: 1500r + -1500r = 0 1000 + -1500r = 1500 + 0 1000 + -1500r = 1500 Add '-1000' to each side of the equation. 1000 + -1000 + -1500r = 1500 + -1000 Combine like terms: 1000 + -1000 = 0 0 + -1500r = 1500 + -1000 -1500r = 1500 + -1000 Combine like terms: 1500 + -1000 = 500 -1500r = 500 Divide each side by '-1500'. r = -0.3333333333 Simplifying r = -0.3333333333
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