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i=15000(0.045)(22/12)
We simplify the equation to the form, which is simple to understand
i=15000(0.045)*(22/12)
Reorder the terms in parentheses
multiplication of parentheses
i=15000*( + 0.0825)
Reorder the terms in parentheses
i=+(+1237.5)
Remove unnecessary parentheses
+i=+1237.5
We move all terms containing i to the left and all other terms to the right.
+1i=+1237.5
We simplify left and right side of the equation.
+1i=+1237.5
We divide both sides of the equation by 1 to get i.
i=1237.5
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