SOLUTION: I'm 50 years old and it's been years since I did algebra. I know the equation is as follows, but I can't remember how to solve it. (2,145,000+X)/(858,000+X)=2

Question 197607This question is from textbook Foundations of Finance
: I'm 50 years old and it's been years since I did algebra. I know the equation is as follows, but I can't remember how to solve it.
(2,145,000+X)/(858,000+X)=2 This question is from textbook Foundations of Finance

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
(2,145,000+X)/(858,000+X)=2
Cross multiply to get:
2,145,000 + x = 2(858,000+x)
2,145,000 + x = 1716000 + 2x
Subtract x from both sides ; Subtract 1716000 from both sides
x = 429,000
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Cheers,
Stan H.
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