Finding the Third Proportional to 12,523.50 and 16,724.25

Step by Step Solution

1. Step 1: Write the proportion equation
   12,523.50 : 16,724.25 = 16,724.25 : x
2. Step 2: Convert to fraction form
   12,523.50/16,724.25 = 16,724.25/x
3. Step 3: Cross multiply
   12,523.50x = 16,724.25 × 16,724.25
4. Step 4: Simplify right side
   12,523.50x = 279,700,538.06
5. Step 5: Solve for x
   x = 279,700,538.06/12,523.50
6. Step 6: Final answer
   x = 22,334.06