Aaron, Luc and Isaac Invested in a Business in the Ratio

question 125

Multiple Choice

Aaron, Luc and Isaac invested in a business in the ratio of 3.5: 5: 7.5. The factory that they leased requires renovations of $125,000. If the partners want to maintain their investments in the business in the same ratio, how much should each partner pay for the renovations?

• A) $58,593.75; $27,343.75; $39,062.50
• B) $35,000; $50,000; $75,000
• C) $20,000; $40,000; $60,000
• D) $27,343.75; $58,593.75; $39,062.50
• E) $27,343.75; $39,062.50; $58,593.75

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Definitions:

Longitudinal

Describes research or analysis that takes place over a long period of time, observing the same subjects to detect changes or developments.

Correlation Coefficient

Any positive or negative relationship between two variables. Correlational evidence cannot prove causation, but only that two variables vary together.

Statistically Significant

Refers to a result that is unlikely to have occurred by chance alone, according to a predefined threshold in probability.

Relaxation Training

A therapeutic technique focused on teaching individuals how to effectively reduce stress and tension in the body through various methods such as deep breathing, meditation, or progressive muscle relaxation.