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Simplifying 2801.25 = 2700(1 + 0.75r) 2801.25 = (1 * 2700 + 0.75r * 2700) 2801.25 = (2700 + 2025r) Solving 2801.25 = 2700 + 2025r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-2025r' to each side of the equation. 2801.25 + -2025r = 2700 + 2025r + -2025r Combine like terms: 2025r + -2025r = 0 2801.25 + -2025r = 2700 + 0 2801.25 + -2025r = 2700 Add '-2801.25' to each side of the equation. 2801.25 + -2801.25 + -2025r = 2700 + -2801.25 Combine like terms: 2801.25 + -2801.25 = 0.00 0.00 + -2025r = 2700 + -2801.25 -2025r = 2700 + -2801.25 Combine like terms: 2700 + -2801.25 = -101.25 -2025r = -101.25 Divide each side by '-2025'. r = 0.05 Simplifying r = 0.05
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