r(t)=0.4(1.06)t

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Solution for r(t)=0.4(1.06)t equation: 


Simplifying
r(t) = 0.4(1.06) * t

Multiply r * t
rt = 0.4(1.06) * t

Multiply 0.4 * 1.06
rt = 0.424t

Solving
rt = 0.424t

Solving for variable 'r'.

Move all terms containing r to the left, all other terms to the right.

Divide each side by 't'.
r = 0.424

Simplifying
r = 0.424

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