Answer: 6 years old.
Step-by-step explanation:
For this exercise let "x" represents your present age.
According to the information provided in the exercise, you know that In three years, Chad will be three times your present age.
Then, your age in three years can be represented with the following expression:

Knowing at that time Chad's age will be three times yours and you will be half as old as old as Chad, you can write the following equation to represent this situation:

Therefore, the final step is to solve for "x" in order to find its value.
You get that this is:

Woodneeded=2334
woodbought=woodneeded
woodbought=number of trims sold times legnth of each
woodbought=x times 114mm
114x=2334
divide both sides by 114
x=20.4
the equation is 114x=2334
7% into decimal is 0.07
0.07 x $150,000
= $10,500
So with this, you'll be using a proportion to solve it. And here's what your equation will look like:

Firstly, you'll need to cross-multiply. Your equation will look like this: 
For this, all you need to do is square root, and your answer is
, however this answer can be simplified further.

In short, your answer is 

Hope that helps.Have a nice day!! ^^