Xavier and yolanda have original investments of $51,600 and $99,100, respectively, in a partnership. the articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $28,500 and $29,500, respectively; and the remainder to be divided equally.
how much of the net income of $117,500 is allocated to yolanda?

$29,360

Explanation:

Xavier's investment = $51,600

Yolanda's investment = $99,100

Net income of $117,500 is allocated to Yolanda:

= Income - Salaries allowances - Interest on original investment

= $117,500 - ($28,500 + $29,500) - [($51,600 + $99,100) × 20%]

= $117,500 - $58,000 - $30,140

= $29,360

Therefore, the net income of $117,500 is allocated to Yolanda is $29,360.

the answer to this question would be shared investment

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

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you will have $1296.87 in 10 years if you set aside $500 at 10%

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you will have $4660.96 in 20 years if you set aside $1000 at 8%