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Jonny has $500,000; he has to split the $500,000 with 21 other people. How much money do he and the 21 other people get?

a. $23,810.71 each
b. $24,000 each
c. $25,000 each
d. $26,000 each

1 Answer

4 votes

Final answer:

Jonny and the 21 other people would each get approximately $23,810.71. Therefore, the correct option is A

Step-by-step explanation:

Jonny has $500,000, and he needs to split it with 21 other people. To find out how much money each person gets, we divide $500,000 by 21:

$500,000 / 21 = $23,809.52.

Rounded to the nearest cent, Jonny and the 21 other people would each get approximately $23,809.52.

Therefore, the correct answer is a. $23,810.71 each.

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