Sometimes systems <span>of equations with different slopes and different y-intercepts have more than one solution. This is, for the most part true but should be answered sometimes. </span>
You actually have the same number of Fe on both sides, The same is true for O_2 so yes this equation is properly balanced.
For added benefit consider the following equation:
CH_4+O_2-> CO_2+2H_2O
ASK: Is this equation balanced? Quick answer: No
ASK: So how do we know and how do we then balance it?
DO: Count the number of each atom type you have on each side of the equation:
1:C:1
4:H:4
2:O:4
As you can see everything is balanced except for O To balance O we can simply add a coefficient of 2 in front of O_2 on the left side which would result in 4 O atoms: