Justin, Garrett, and Derek invest $23,000, $9,000, and $16,000, respectively, to build a boat. After the boat was built, Justin decided to sell his share of the investment to Garrett and Derek. How much would Garrett and Derek have to pay Justin if they want to maintain the same ratio of their investments in the boat? a. How much would Garrett would have to pay?

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A: Explanation and solutions is given below....

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