15,545,558,800 =737,948,660 (1+g) / (.1205 - g)

Question

Solve for g

Answer 1

Hello Susan,

 

We can solve for g by following these steps.

 

15,545,558,800 =737,948,660 (1+g) / (.1205 - g)

 

Distribute.

15,545,558,800 = (737,948,660 + 737,948,660g)/(.1205 - g)

 

Multiply both sides by (.1205 - g) to cancel it on the right.

15,545,558,800(.1205 - g) = 737,948,660 + 737,948,660g

 

Distribute

1,873,239,835.4 - 15,545,558,800g = 737,948,660 + 737,948,660g

 

Subtract 1,873,239,835.4 from both sides.

-15,545,558,800g = -1,135,291,175.4 + 737,948,660g

 

Subtract 737,948,660g from both sides.

-16,283,507,460g = -1,135,291,175.4

 

Divide both sides by -16,283,507,460.

g = 0.069720309226302279717812098450686