The other factor is 50
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The EMV - Ending Market Value is given as:
$2,400,000.
<h3>How is the EMV Arrived At?</h3>
The EMV is given as:
BMV x (i + r); Where
BMV is the Beginning Market Value; and
r is the interest rateor percentage given.
Hence the EMV = 2,000,000 x ( 1 + 20%)
= 2,000,000 x 1.2
= $ 2, 400,000.
It is to be noted that the BMV is the Beginning Market Value which is the value of an investment at the start of the business period.
Learn more about Market Value at:
brainly.com/question/1350233
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