Finding the Third Proportional to 723,586.50 and 1,063,700

Step by Step Solution

1. Step 1: Write the proportion equation
   723,586.50 : 1,063,700 = 1,063,700 : x
2. Step 2: Convert to fraction form
   723,586.50/1,063,700 = 1,063,700/x
3. Step 3: Cross multiply
   723,586.50x = 1,063,700 × 1,063,700
4. Step 4: Simplify right side
   723,586.50x = 1,131,457,690,000
5. Step 5: Solve for x
   x = 1,131,457,690,000/723,586.50
6. Step 6: Final answer
   x = 1,563,679.93