The Value of an Investment in a High-Tech Company After

question 45

Multiple Choice

The value of an investment in a high-tech company after 1 year was $17,000. The increase in value during the year was $3000. Find the amount of the original investment. Note: Use the formula A = P + I , where A is the value of the investment after 1 year, P is the original investment, and I is the increase in value of the investment. ​

• A) $17,800
• B) $20,000
• C) $14,000
• D) $15,000
• E) $15,400

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Definitions:

Advocate Colonization

Supporting the establishment of colonies or the relocation of people, often in the context of historical movements to resettle freed African Americans in Africa.

Black Woman

Describes a female of African descent, often recognizing the unique cultural and social experiences within this identity.

United States

A country in North America, comprising 50 states, known for its significant influence on world politics, economy, and culture.

American Colonization Society

An organization founded in 1816 to assist free black people in emigrating to Africa.