Finding the Third Proportional to 11,308.50 and 16,232.06

Step by Step Solution

1. Step 1: Write the proportion equation
   11,308.50 : 16,232.06 = 16,232.06 : x
2. Step 2: Convert to fraction form
   11,308.50/16,232.06 = 16,232.06/x
3. Step 3: Cross multiply
   11,308.50x = 16,232.06 × 16,232.06
4. Step 4: Simplify right side
   11,308.50x = 263,479,853.00
5. Step 5: Solve for x
   x = 263,479,853.00/11,308.50
6. Step 6: Final answer
   x = 23,299.28