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Simplifying 2860 = 2000(1 + (2) * r) 2860 = (1 * 2000 + 2r * 2000) 2860 = (2000 + 4000r) Solving 2860 = 2000 + 4000r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-4000r' to each side of the equation. 2860 + -4000r = 2000 + 4000r + -4000r Combine like terms: 4000r + -4000r = 0 2860 + -4000r = 2000 + 0 2860 + -4000r = 2000 Add '-2860' to each side of the equation. 2860 + -2860 + -4000r = 2000 + -2860 Combine like terms: 2860 + -2860 = 0 0 + -4000r = 2000 + -2860 -4000r = 2000 + -2860 Combine like terms: 2000 + -2860 = -860 -4000r = -860 Divide each side by '-4000'. r = 0.215 Simplifying r = 0.215
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