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Simplifying 8600.00 = 8000.00(1 + rt) 8600.00 = (1 * 8000.00 + rt * 8000.00) 8600.00 = (8000 + 8000.00rt) Solving 8600.00 = 8000 + 8000.00rt Solving for variable 'r'. Move all terms containing r to the left, all other terms to the right. Add '-8000.00rt' to each side of the equation. 8600.00 + -8000.00rt = 8000 + 8000.00rt + -8000.00rt Combine like terms: 8000.00rt + -8000.00rt = 0.00 8600.00 + -8000.00rt = 8000 + 0.00 8600.00 + -8000.00rt = 8000 Add '-8600.00' to each side of the equation. 8600.00 + -8600.00 + -8000.00rt = 8000 + -8600.00 Combine like terms: 8600.00 + -8600.00 = 0.00 0.00 + -8000.00rt = 8000 + -8600.00 -8000.00rt = 8000 + -8600.00 Combine like terms: 8000 + -8600.00 = -600 -8000.00rt = -600 Divide each side by '-8000.00t'. r = 0.075t-1 Simplifying r = 0.075t-1
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