Samuel and Darci are partners. The partnership capital for Samuel is $61,400 and that of Darci is $86,300. Josh is admitted as a new partner by investing $52,900 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is

$12780

Explanation:

From the information given, the total capital for the partnership is calculated as:

= $61400 + $86300 + $52900

= $200600

Josh's share = 20% × $200600

= 20/100 × $200600

= 0.2 × $200600

= $40120

The amount of the bonus to the old partner would be:

= $52900 - $40120

= $12780

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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