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Three friends, A, B, and C, start a business with investments in the ratio of 2:3:5, respectively. A invested $10,000, and all three of them agree to share profits in the ratio of their investments. a. Calculate C's investment.

Three friends, A, B, and C, start a business with investments in the ratio of 2:3:5, respectively. A invested $10,000, and all three of them agree to share profits in the ratio of their investments. a. Calculate C's investment.

Mathematics For Machine Technology
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter25: Achievement Review—section Two
Section: Chapter Questions
Problem 14AR: Analyze each of the following problems to determine whether the problem is a direct or inverse...
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Three friends, A, B, and C, start a business with investments in the ratio of 2:3:5, respectively. A invested $10,000, and all three of them agree to share profits in the ratio of their investments. a. Calculate C's investment. Round to the nearest cent b. If A's profit was $56,000 in the first year, calculate B's profit. Round to the nearest cent
Transcribed Image Text:Three friends, A, B, and C, start a business with investments in the ratio of 2:3:5, respectively. A invested $10,000, and all three of them agree to share profits in the ratio of their investments. a. Calculate C's investment. Round to the nearest cent b. If A's profit was $56,000 in the first year, calculate B's profit. Round to the nearest cent
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