Finding the Third Proportional to 11,003.34 and 24,000.05

Step by Step Solution

1. Step 1: Write the proportion equation
   11,003.34 : 24,000.05 = 24,000.05 : x
2. Step 2: Convert to fraction form
   11,003.34/24,000.05 = 24,000.05/x
3. Step 3: Cross multiply
   11,003.34x = 24,000.05 × 24,000.05
4. Step 4: Simplify right side
   11,003.34x = 576,002,250.00
5. Step 5: Solve for x
   x = 576,002,250.00/11,003.34
6. Step 6: Final answer
   x = 52,347.93