Brian, Steve, and Rita invested a total of $24,000 in a business. Each person invested the same amount. Unfortunately, in the first quarter they suffered a loss of $4,500, which they shared equally. By what amount has each individual investment changed due to the loss?
-$8,000
-$3,500
-$1,500
+$1,500

Question

Brian, Steve, and Rita invested a total of $24,000 in a business. Each person invested the same amount. Unfortunately, in the first quarter they suffered a loss of $4,500, which they shared equally. By what amount has each individual investment changed due to the loss?
-$8,000
-$3,500
-$1,500
+$1,500

phi · Answer

4500 lost by 3 people, so each lost 4500/3
because it's a loss, make that negative.
that is how much each one's investment changed.

bcmw · Answer

thank you very much