Question
In your start-up business, you own 50%, your friend Jasmine owns 30%, and your uncle Nick owns 20%. An investor is offering to invest $350,000
In your start-up business, you own 50%, your friend Jasmine owns 30%, and your uncle Nick owns 20%. An investor is offering to invest $350,000 for half ownership of the business. If the firm accepts the investment by issuing new shares, what percentage of the business will you own?
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College Algebra
Authors: Cynthia Y Young
3rd Edition
1118475690, 9781118475690
