Elijah decided to build a shopping complex with his two brothers, Marlon and Andrew. They invested $200,000,
Question:
Elijah decided to build a shopping complex with his two brothers, Marlon and Andrew. They invested $200,000, $860,400, and $750,000, respectively. After the complex was built, Marlon decided to sell his share of the investment to Elijah and Andrew. How much did each of them have to pay if they wanted to maintain the same ratio of their investments in the complex?
AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
Question Posted: