Which answer choice below best describes who owned the money and property in a joint-stock company? the king/queen merchants share investors the church?

the answer is: The share investors

When a joint-stock company is established, several share investors have made an agreement among themselves regarding the percentage of capital owned by each investors, the loss and profit distribution among the investors, and the roles that each investors shall take within the company/

Technically, all the money and property that bought by the company all belong to this small group of investors. If the company is being liquidated, all of those property would be sold and spread proportionally to the investors' ownership percentage.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20