Young owners of a sole proprietorship will likely not find financial support available from

The answer is Banks.

Explanation:

Young owners of sole proprietorship will likely not find financial support available from Banks.

Banks usually give loans to settled businesses or some businessmen who have experience and knowledge of doing business. Banks analyze the past business conditions of the applicant and give loan according to the situation.

Young owners of sole proprietorship have family support who lend them finances to start their business.

So banks do give loans to young owners of sole proprietorship, but usually banks don't like to lend them money.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20