I'm working on a problem for my accounting class and I'm trying to figure why 0.10 would become 1.1 on the other side of the equation.
Math:
Bonus = ($100,000,000 - Bonus) * 0.10 Bonus = $100,000 - 0.10 * bonus 1.1 * Bonus = $100,000 (This is where I'm lost. Why do you add 1?) Bonus = $90,909