adaydreamaway889 adaydreamaway889
  • 03-06-2021
  • Mathematics
contestada

The current value of an investment is 125 percent of its initial value.The increase in value is $10million.What was the initial value of the investment

Respuesta :

aquialaska aquialaska
  • 04-06-2021

Answer:

$40 million

Step-by-step explanation:

According to the scenario, computation of the given data are as follows,

Current value = 125%

which means that current value is 25% more than its initial value.

Let Initial Value = X

So, Increase in investment value = 25% × X  =  0.25X

Given, increase value = $10million

So, 0.25X = $10 million

= X = $10million

= X = $10million ÷ 0.25

= X = $40 million

Hence the initial value of investment is $40million.

Answer Link

Otras preguntas

what is 9.35 as a fraction
how can you use properties to solve equations with variables on both sides
What is a society ruled by religous leaders called?
What do you need to do to extend a number pattern
Which is an example of the associative property? A. –(18 + 3) = –18 + (–3) B. –17 + 0 = –17 C. (–8 + 10) + 4. = –8 + (10 + 4) D. –5 + 7 = 7 + (–5)
alan is 14 years old.twice as old as his brother james is.how old is james.
Why do you suppose the population of deer declined in 1925, although the elimination of predators occurred?
Ten times four ones equals blank ones equals blank
Emma and Jamie used base ten blocks to show that 40 is one tenth of 400
What is 3,920,000,000,000 in scientific notation