No, the answer is 2
X=2
This is because if we multiply the number by x which is 2
so DST is 110, and RSD is 44, so that is 154, and if we do it with RST we also get 154
So the correct answer is X=2
The goal to proving identities is to transform one side into the other. We can only pick one side to transform while the other side stays the same the entire time. The general rule of thumb is to transform the more complicated side (though there may be exceptions to this guideline).
So I'll take the left hand side and try to turn it into 
One way we can do that is through the following steps:

Since we've shown that the left hand side transforms into the right hand side, this verifies the equation is an identity.
If it is compounded annually, this will be 850(1.014)^5 which equals $911.19