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A law firm has 3 partners. The first partner owns of the business, the second partner
owns of the business and the third partner owns of the business. The business is
worth $1.5 million. A new partner is introduced who contributes an additional
$300,000 and owns of the total value of the new business. What are the new values
for the first to the third original partners?what the answer​

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francocanacari

Answer:

The new values for the first to the third original partners is 27.7% each.

Step-by-step explanation:

At first, given that the law firm had 3 partners and was worth $ 1,500,000, it could be said that each of them had 1/3 part of the firm, worth $ 500,000 each.

Now, with the addition of a new partner who brought with him a capital of $ 300,000, the value of the firm becomes $ 1,800,000. In this context, the original partners go from having 1/3 of the firm each to having 5/18 of it. Now, in percentages, these partners went from having 33.3% each to having 27.7% of it, while the new partner entered the firm with 16.6% of its value.

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