SOLUTION: How can I solve this problem if I do not have a value for r? In all the examples I see, there is always a value given for r. 5(1+(r/360)^720 = 12

SOLUTION: How can I solve this problem if I do not have a value for r? In all the examples I see, there is always a value given for r. 5(1+(r/360)^720 = 12

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Question 149307This question is from textbook College Algebra
: How can I solve this problem if I do not have a value for r? In all the examples I see, there is always a value given for r.
5(1+(r/360)^720 = 12 This question is from textbook College Algebra

Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Is your equation ??? You're missing a parenthesis.

Start with the given equation.

Divide both sides by 5.

Subtract 1 from both sides.

Combine like terms.

Take the 720th root of both sides.

Multiply both sides by 360.
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