document.write( "Question 58582: Gary and Adam equally own 2 properties. 1 is valued at $340000 and the other at $420000. Gary is taking the propery valued at $340000. Adam is taking the property valued at $420000. How much money would Adam owe Gary? Is it $40000 or $80000 and how do you arrive at the correct amount? \n" ); document.write( "
Algebra.Com's Answer #40240 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! IF ADAM OWNS THE $340000 PROPERTY & GARY OWNS THE $ 420000 PROPERTY AND THEY SWAP. THEN ADAM OWES GARY THE DIFFERENCE IN VALUE OR $420000-$340000=$80000. \n" ); document.write( "PROOF \n" ); document.write( "GARY STARTED WITH $420000 WORTH OF PROPERTY \n" ); document.write( "ADAM STARTED WITH $340000 WORTH OF PROPERTY \n" ); document.write( "GARY ENDED UP WITH PROPERTY WORTH $ 340000 AND RECEIVED $80000 FROM ADAM. SO HIS NET WORTH IS NOW $340000+$80000=$420000. \n" ); document.write( "ADAM ENDED UP WITH PROPERTY WORTH $420000 AND PAID $80000 TO GARY. SO HIS NET WORTH IS NOW $420000-$8000=$320000. \n" ); document.write( " |