Question 16 - Arithmetic Reasoning Practice Test for the ASVAB

Pete and his partner Mike made a huge profit in their software business together this year and have decided to use \(\$20\text{,}000\) of the profit for a Christmas donation to their favorite charities. Each will contribute an amount proportional to the amount he invested in starting the business. The investment ratio of Pete to Mike is \(4\):\(1\). How much money will Mike get to donate to his charity?

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