Answer To Questions On Financial Mathematics Of Partnerships

Append below the answers to the questions on Financial Mathematics on Partnerships:

ANSWERS TO QUESTION ON FINANCIAL MATHEMATICS

ON PARTNERSHIPS

1.

(a) Mr. A=$12,389 Mr. B=$6,111

(b) $11,100

© $63,624.00

2.

Mr. A=$14,400 Mr. B=$10,800 Mr. C=$4,800

3.

Profit: Mr. A=$12,000 Mr. B=$13,000

% : Mr. A=25% Mr. B=25%

4.

Mr. A =$600 Mr. B =$450

5.

Mr. A =$3,080 Mr. B =$2,520

6.

Mr. A=$2,400 Mr. B=$4,400 Mr. C=$12,400

7.

(a) Mr. A=$7,000 (b) Mr. A=$10,463.41 Mr. B=$8,536.59

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