Answer to Exercise 1 of Supplying QI pop quiz:
- 74% * $x = $21,000
- (1/74%) * 74% * $x = $21,000 * (1/74%)
- $x = $21,000 * (1/74%)
- $x = $21,000 * (1/74%) * (100% / 1) 'cancel %
- $x = $21,000 * 100 / 74
- $x = $28378.38ish
... before, when $AVAX collateral factor was 70%, the answer was $30k, so: ... cool!
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