Question 154662: I keep getting stuck on soving for T & B on the following Please help :)
This is an example in the book
B=0.20[$100,000-0.40($100,000-B)]
B=0.20($100,000-$40,000 +0.4B)
B=0.20($60,000 + 0.4B)
B=$12,000+0.08B
0.92B=$12,000
B=$13,043.48
Can you please explain to me how the example arrived at .92B=$12,000 in the line second from the bottom?
Thank you so mucu :0) Elizabeth
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! B=0.20[$100,000-0.40($100,000-B)]
B=0.20($100,000-$40,000 +0.4B)
B=0.20($60,000 + 0.4B)
B=$12,000+0.08B
B - 0.08B = 12000
1.00B - 0.08B = 12000
Note: 1.00 - 0.08 = 0.92
0.92B=$12,000
B=$13,043.48
Can you please explain to me how the example arrived at .92B=$12,000 in the line second from the bottom?
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See above.
Cheers,
Stan H.
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