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Simplifying 4554 = 4400(1 + 0.5r) 4554 = (1 * 4400 + 0.5r * 4400) 4554 = (4400 + 2200r) Solving 4554 = 4400 + 2200r Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-2200r' to each side of the equation. 4554 + -2200r = 4400 + 2200r + -2200r Combine like terms: 2200r + -2200r = 0 4554 + -2200r = 4400 + 0 4554 + -2200r = 4400 Add '-4554' to each side of the equation. 4554 + -4554 + -2200r = 4400 + -4554 Combine like terms: 4554 + -4554 = 0 0 + -2200r = 4400 + -4554 -2200r = 4400 + -4554 Combine like terms: 4400 + -4554 = -154 -2200r = -154 Divide each side by '-2200'. r = 0.07 Simplifying r = 0.07
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