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Simplifying 1472 = 960(1 + r * 1) Reorder the terms for easier multiplication: 1472 = 960(1 + 1r) 1472 = (1 * 960 + 1r * 960) 1472 = (960 + 960r) Solving 1472 = 960 + 960r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-960r' to each side of the equation. 1472 + -960r = 960 + 960r + -960r Combine like terms: 960r + -960r = 0 1472 + -960r = 960 + 0 1472 + -960r = 960 Add '-1472' to each side of the equation. 1472 + -1472 + -960r = 960 + -1472 Combine like terms: 1472 + -1472 = 0 0 + -960r = 960 + -1472 -960r = 960 + -1472 Combine like terms: 960 + -1472 = -512 -960r = -512 Divide each side by '-960'. r = 0.5333333333 Simplifying r = 0.5333333333
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