formula to solve easy equation

Anonymous
account_balance_wallet \$5

Question Description

________ x 3% = \$27,986.40.  What's the formula to solve?

Borys_S
School: Purdue University

3% means 3/100, or 0.03.

So y*0.03 = \$27,986.40, to compute y we have to divide the right side by 0.03:

y = \$27,986.40/0.03 = \$932,880.00.

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