Answered

IDNLearn.com makes it easy to get reliable answers from experts and enthusiasts alike. Ask your questions and get detailed, reliable answers from our community of experienced experts.

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

Sagot :

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.

We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. IDNLearn.com is dedicated to providing accurate answers. Thank you for visiting, and see you next time for more solutions.