Final answer:
To find the value of an investment in a software company after 1 year, use the formula a = p * i, where a is the value of the investment after 1 year, p is the original investment, and i is the increase in value of the investment. Substituting the given values, the investment in the software company after 1 year is $47,790,000.
Step-by-step explanation:
To find the value of an investment in a software company after 1 year, you can use the investment formula given as: a = p * i. In this formula, a is the value of the investment after 1 year, p is the original investment, and i is the increase in value of the investment.
To find the value of an investment in a software company after 1 year, use the formula a = p * i, where a is the value of the investment after 1 year, p is the original investment, and i is the increase in value of the investment. Substituting the given values, the investment in the software company after 1 year is $47,790,000.
Given that the increase in value during the year was $2700 and the amount of the original investment was $17700, we can substitute these values into the formula: a = 17700 * 2700. Solving this equation gives us the value of the investment after 1 year, which is $47,790,000.