Essay
On March 1, Sam invested $90 000 in a business. On June 1, he invested another $10 000. On July 1, he withdrew $17 000 to spend on the repair of his house. On September 1, he injected another $2000 into the business. What was his average investment per month in the business during the year? Assume all months have the same length or weighting.
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$0 are invested for 2 months
$90,000 are...View Answer
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Correct Answer:
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$90,000 are...
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