Melissa, her spouse, and her mother jointly purchased an estate for $640,000. Their individual investments in the estate were in the ratio of 6:2:8, respectively. a. Calculate how much each person invested. Melissa's Investment: Round to the nearest cent Spouse's Investment: Round to the nearest cent Mother's Investment: Round to the nearest cent

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter4: Rational Expressions
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Problem 44CR: At a restaurant the tips are split between the busboy and the waiter in the ratio of 2 to 7. Find...
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Melissa, her spouse, and her mother jointly purchased an estate for $640,000. Their
individual investments in the estate were in the ratio of 6 :2: 8, respectively.
a. Calculate how much each person invested.
Melissa's Investment:
Round to the nearest cent
Spouse's Investment:
Round to the nearest cent
Mother's Investment:
Round to the nearest cent
Transcribed Image Text:Melissa, her spouse, and her mother jointly purchased an estate for $640,000. Their individual investments in the estate were in the ratio of 6 :2: 8, respectively. a. Calculate how much each person invested. Melissa's Investment: Round to the nearest cent Spouse's Investment: Round to the nearest cent Mother's Investment: Round to the nearest cent
b. Each of them decided to invest an additional $30,000 to develop the estate into a
small family resort. Calculate their new investment ratio after the additional
investment. Express the ratio in its lowest terms.
:
:
Transcribed Image Text:b. Each of them decided to invest an additional $30,000 to develop the estate into a small family resort. Calculate their new investment ratio after the additional investment. Express the ratio in its lowest terms. : :
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