Two friends(Steve & Alex) have come together to start a business. Entire investment required to start the business was 16,50,000 (in INR). Steve invested 10,00,000 find out the amount invested by Alex. Every month's earning's should be split between those two with respect to the amount of investments they have made. The first month's earning's was obtained on the month of January 2022 and the amount was 20,000(in INR) every month earning's is divided into two equal halves. The first half goes towards the maintance cost of the business and remains untouched by the other two. Where as the other half is split amoung the two friends as their earnings with respect to the amount of investments they have made. Next month's earning's is always more than the current month by 10,000. You are required to calculate the split of the earning's for each month for the next 15 months from the first month they started making their earnings. 

Calculate their min earnings, Max earnings and their Average earnings for the data created.

Answer rating: 100% (QA)

Steve invested 1000000 and the total investment is 1650000 So Alexs investment would be 1650000 1000... View the full answer