Homework Help is Here – Start Your Trial Now!
Math
Algebra
Johana, Chris, Puja, and Joel decided to start their own business and invested in the ratio of 4: 2:3: 6, respectively. They agreed to share the profits based on the ratio of their investments. If in the first year they had profits of $89,160, how much did each of them receive? Show your calculations and fully explain your answer.

Johana, Chris, Puja, and Joel decided to start their own business and invested in the ratio of 4: 2:3: 6, respectively. They agreed to share the profits based on the ratio of their investments. If in the first year they had profits of $89,160, how much did each of them receive? Show your calculations and fully explain your answer.

Intermediate Algebra
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter4: Rational Expressions
Section4.CR: Review Problem Set
Problem 45CR: In a physicians practice the ratio of patients on Medicare insurance to patients insured by other...
See similar textbooks
icon
Related questions
Question
Johana, Chris, Puja, and Joel decided to start their own business and invested in the ratio of 4: 2:3: 6, respectively. They agreed to share the profits based on the ratio of their investments. If in the first year they had profits of $89,160, how much did each of them receive? Show your calculations and fully explain your answer. I=
Transcribed Image Text:Johana, Chris, Puja, and Joel decided to start their own business and invested in the ratio of 4: 2:3: 6, respectively. They agreed to share the profits based on the ratio of their investments. If in the first year they had profits of $89,160, how much did each of them receive? Show your calculations and fully explain your answer. I=
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
PREALGEBRA
PREALGEBRA
Algebra
ISBN:
9781938168994
Author:
OpenStax
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS