Question

HELP YOUR GIRL OUT PLEASE!!

Answer 1

The value of the collection originally was $1,000,000

What was the original value of the collection?

The original value of the collection is not known, hence, it is represented by X

The increase in value by $50,000 means that the value is X+$50,000

Now, when the error was discovered, it is now worth half of the  value previously

The new value is (X+$50,000)*0.5

New value=(X+$50,000)*0.5

The new value at this point is $525,000

$525,000=(X+$50,000)*0.5

$525,000/0.5=X+$50,000

$1,050,000=X+$50,000

X=$1,050,000-$50,000

Find out more about change in value on:brainly.com/question/13097163

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