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x(1+0.12*65/365)=1225.64
We move all terms to the left:
x(1+0.12*65/365)-(1225.64)=0
We add all the numbers together, and all the variables
x(0.12*65/365+1)-(1225.64)=0
We add all the numbers together, and all the variables
x(0.12*65/365+1)-1225.64=0
We multiply parentheses
7.8x^2+x-1225.64=0
a = 7.8; b = 1; c = -1225.64;
Δ = b2-4ac
Δ = 12-4·7.8·(-1225.64)
Δ = 38240.968
The delta value is higher than zero, so the equation has two solutions
We use following formulas to calculate our solutions:$x_{1}=\frac{-b-\sqrt{\Delta}}{2a}$$x_{2}=\frac{-b+\sqrt{\Delta}}{2a}$$x_{1}=\frac{-b-\sqrt{\Delta}}{2a}=\frac{-(1)-\sqrt{38240.968}}{2*7.8}=\frac{-1-\sqrt{38240.968}}{15.6} $$x_{2}=\frac{-b+\sqrt{\Delta}}{2a}=\frac{-(1)+\sqrt{38240.968}}{2*7.8}=\frac{-1+\sqrt{38240.968}}{15.6} $
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