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Simplifying 1100 = 1000(1 + r) 1100 = (1 * 1000 + r * 1000) 1100 = (1000 + 1000r) Solving 1100 = 1000 + 1000r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-1000r' to each side of the equation. 1100 + -1000r = 1000 + 1000r + -1000r Combine like terms: 1000r + -1000r = 0 1100 + -1000r = 1000 + 0 1100 + -1000r = 1000 Add '-1100' to each side of the equation. 1100 + -1100 + -1000r = 1000 + -1100 Combine like terms: 1100 + -1100 = 0 0 + -1000r = 1000 + -1100 -1000r = 1000 + -1100 Combine like terms: 1000 + -1100 = -100 -1000r = -100 Divide each side by '-1000'. r = 0.1 Simplifying r = 0.1
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