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Solve for x where (1+x)=(1+r)(1+i). Assume r=4.00% and i=7.00%. Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal

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Solve for x where (1+x)=(1+r)(1+i). Assume r=4.00% and i=7.00%. Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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