Nathan decided to start a construction project with his two siblings, Paul and Sarah. The three of them invested $237,000, $824,000, and $725,000, respectively. After the complex was built, Paul decided to sell his share of the investment to Nathan and Sarah. How much did each of them have to pay if they wanted to maintain the original ratio of their investments in the complex? a. Nathan would have to pay: Round to the nearest cent b. Sarah would have to pay: Round to the nearest cent
Nathan decided to start a construction project with his two siblings, Paul and Sarah. The three of them invested $237,000, $824,000, and $725,000, respectively. After the complex was built, Paul decided to sell his share of the investment to Nathan and Sarah. How much did each of them have to pay if they wanted to maintain the original ratio of their investments in the complex? a. Nathan would have to pay: Round to the nearest cent b. Sarah would have to pay: Round to the nearest cent
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.3: Solve Mixture Applications
Problem 3.63TI: Orlando is mixing nuts and cereal squares to make a party mix. Nuts sell for $7 a pound and cereal...
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