Marie J.

asked • 10/11/18

I need help with a Finance Problem

Julie and Kristen are the partners in a local sporting goods shop. They needed $51,000 to start the business. They invested in the ratio 5:12, respectively. a) how much money did each invest b) what percent of the business was owned by kristen? c) if the business grows to $3,000,000, what percent of it will Julie own?

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