Final answer:
To solve V = C(1 + r)² for r, divide both sides by C, take the square root of both sides, and then subtract 1 from both sides to isolate r. The correct answer is C) r = √V/C - 1.
Step-by-step explanation:
To solve the equation V = C(1 + r)² for r, we have to isolate r on one side of the equation. To do this we can follow these steps:
- Divide both sides by C to get V/C = (1 + r)².
- Take the square root of both sides to get √(V/C) = 1 + r.
- Subtract 1 from both sides to isolate r, resulting in r = √(V/C) - 1.
Therefore, the correct solution is option C) r = √V/C - 1.