The simplification is:
$$ \frac {r (1 + x)} {1 + 2x} $$
but I don't understand how one can arrive at the simplified formula from:
$$ \frac { r } {1 + (1/(1+(1/x)))} $$
I've tried multiplying inverses and multiplying the whole fraction by some other value but nothing I solves to the simplified answer. If someone could take me through the process or hint me in the right direction it would be much appreciated.
$$ \cfrac r {1 + \cfrac 1 {1 + \cfrac 1 x}} $$ First concentrate on the part that appears in $\Big($parentheses$\Big)$ below: $$ \cfrac r {1 + \left( \cfrac 1 {1 + \cfrac1x}\right) } $$ In the fraction $\cfrac 1 {1 + \cfrac1x},$ if you multiply the numerator by $x$ you get $x.$ The denominator is two terms: $$ 1 + \frac 1 x. $$ Multiplying the first term by $x$ yields $x;$ multiplying the second term by $x$ yields $1$ since the $x$s cancel. Then you have $$ \cfrac r {1 + \left( \cfrac x {x+1} \right)}. $$ Next we will multiply the numerator and denominator by $x+1.$ In the numerator, this yields $r(x+1).$ In the denominator, there are two terms: $$ 1 + \frac x {x+1}. $$ Multiplying the first term by $x+1$ yields $x+1.$ Multiplying the second term by $x+1$ yields a cancellation so that you just get $x.$ Then the denominator is $$ (x+1) +x. $$ Simplify this to $2x+1.$ Then you have $$ \frac{r(x+1)}{2x+1}. $$