Question

Austen owns seven-sixte

Answer 1

Answer:

Austen's share of the business was $364000.

Step-by-step explanation:

Austen owns $\frac{7}{16}$ of a jewelry store.

Now, it is given that the total investment for the store was $832000.

If we consider the share of Austen in the business is of $x, then we can write that  

$x = ( 832000 \times \frac{7}{16} )$

⇒ x = $364000

Therefore, Austen's share in the business is of $364000 value. (Answer)