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I bought a store for $80K. It quadrupled in value. My friend gave $7K for the purchase and $6.7K for repairs. Does he get back 4 times both investments?

·4 min read
I bought a store for $80K. It quadrupled in value. My friend gave $7K for the purchase and $6.7K for repairs. Does he get back 4 times both investments?

‘I believe he should get back $28,000 on his original capital investment — but not the money he spent on refurbishments.’