SOLUTION: This is a question in a Finance course I am tutoring, but it has me stumped. If A=D+E and D/A= 0.70, solve for A/E. What am I missing? Thanks.

SOLUTION: This is a question in a Finance course I am tutoring, but it has me stumped. If A=D+E and D/A= 0.70, solve for A/E. What am I missing? Thanks.

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Question 177343: This is a question in a Finance course I am tutoring, but it has me stumped.
If A=D+E and D/A= 0.70, solve for A/E. What am I missing? Thanks.
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
1.
2.
.
.
.
From 2,

Plug that into 1,
1.

Multiply both sides by 10,

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