makailahipp makailahipp
  • 01-11-2020
  • Mathematics
contestada

if you intend to borrow 20 percent of the $174,500 you need to start a business, how much
of your own funds are you investing

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musiclover10045
musiclover10045 musiclover10045
  • 01-11-2020

If you are borrowing 20%, then you have 80%

Multiply the amount needed for the business by 80%:

174500 x 0.80 = 139,600

You are investing $139,600

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