Determine the amount of money you would need to invest


Assignment task: For all three options, determine the percentage of each investment that you would own. Then determine the amount of money you would need to invest. Finally, determine which option you would pick and explain why. Option 1: You would be one of three investors. The investment of $30000 would be spit evenly among the three investors. Option 2: You would be one of four investors. The investment of $55000 are in the ratio 2:3:4:5. You will contribute the most. Option 3: You will be one of four investors. Partner 1 and Partner 2 will contribute the same amount. Partner 3 invests double the total investment of Partners 1 and 2 together. You will invest an amount equal to the total amount invested by the other three partners. The total amount invested is $160000.

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Accounting Basics: Determine the amount of money you would need to invest
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