Ryan is looking for people to crowdfund his new business idea. If the average person funds $10 to a project they're interested in, how many people will Ryan have to recruit to fund a $1,000 business if he has $200 already?
Thoughts? Step-by-step reasoning:
First, we need to determine how much money Ryan needs to hit his goal which we find by subtracting his available cash from his target, performing 1000 - 200 = 800 dollars needed. Since the average person contributes $10 when crowdfunding, this means he needs to find 800 / 10 = 80 people to fund his business well enough for him to hit his goal.
Thus, the answer is 80.