1200(1+r*9/12)=1224.75

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Solution for 1200(1+r*9/12)=1224.75 equation:


1200(1+r*9/12)=1224.75

We simplify the equation to the form, which is simple to understand
1200(1+r*9/12)=1224.75

Simplifying:
1200*(1+9r/12)=1224.75

Simplifying:
1200*(1 + 0.75r)=1224.75

Reorder the terms in parentheses
+(+1200+900r)=1224.75

Remove unnecessary parentheses
+1200+900r=+1224.75

We move all terms containing r to the left and all other terms to the right.
+900r=+1224.75-1200

We simplify left and right side of the equation.
+900r=+24.75

We divide both sides of the equation by 900 to get r.
r=0.0275

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