Austen owns seven-sixte
total investment for the store was
owns seven-sixteenths of a jewelry store. The total investment
00. What is the value of Austen's share of the business?

Austen owns sevensixte total investment for the store was owns sevensixteenths of a jewelry store The total investment 00 What is the value of Austens share of class=

Respuesta :

Answer:

Austen's share of the business was $364000.

Step-by-step explanation:

Austen owns [tex]\frac{7}{16}[/tex] of a jewelry store.

Now, it is given that the total investment for the store was $832000.

If we consider the share of Austen in the business is of $x, then we can write that  

[tex]x = ( 832000 \times \frac{7}{16} )[/tex]

x = $364000

Therefore, Austen's share in the business is of $364000 value. (Answer)