Solve (1+r)2*1=.16

$$( 1 + r ) 2 \cdot 1 = .16$$

Solve for r

$$r=-0.92$$

Steps for Solving Linear Equation

Multiply 2 and 1 to get 2.

$$\left(1+r\right)\times 2=0.16$$

Use the distributive property to multiply 1+r by 2.

$$2+2r=0.16$$

Subtract 2 from both sides.

$$2r=0.16-2$$

Subtract 2 from 0.16 to get -1.84.

$$2r=-1.84$$

Divide both sides by 2.

$$r=\frac{-1.84}{2}$$

Expand \frac{-1.84}{2} by multiplying both numerator and the denominator by 100.

$$r=\frac{-184}{200}$$

Reduce the fraction \frac{-184}{200} to lowest terms by extracting and canceling out 8.

$$r=-\frac{23}{25}$$