Question

How do I solve for r a little confused i got here just need help finishing 1.00062441492=1+r/12

Answer 1

1.00062441492=1+r/12

First you will multiply 12 by 12 to cancel it out. You will also have to multiply the other side by 12 also.

12*1.00062441492=1+r/12*12

Then once you do that you get:

12.01=1+r


Then you will subtract 1 from both sides.

12.01-1=1-1+r

Then you will get your final answer of:

r=11.01

Answer 2

Thank you so much i appreciate this its the last part of a problem from a long assignment

Answer 3

You're welcome, anytime.