Solving equations
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0=-3,000 + 2500/(1+r)+ 1000/(1+r)^2
r=
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Solution Summary
This shows how to solve an equation for a given variable.
Solution Preview
Let's first assume that 1+r=x, then we will have:
0=-3000+2500/x+1000/x^2 or assuming x is not equal to zero we can multiply both sides by x^2, ...
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