Travis, LiJun, and Courtney invested $60,000, $75,000, and $105,000, respectively, to start an e-learning business. They realized that they required an additional $15,600 for operating the business. How much did each of them have to individually invest to maintain their original investment ratio? a. What is Travis's additional investment? b. What is Li Jun's additional investment? Round to the nearest cent G. What is Courtney's additional investment? Round to thenearest cent

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Travis, Li Jun, and Courtney invested $60,000, $75,000, and $105,000, respectively, to
start an e-learning business. They realized that they required an additional $15,600 for
operating the business. How much did each of them have to individually invest to
maintain their original investment ratio?
a.What is Travis's additional investment?
Round to the nearest cent
b. What is Li Jun's additional investment?
Round to thenearest cent:
G. What is Courtney's additional investment?
Round to the nearest cent
Transcribed Image Text:Travis, Li Jun, and Courtney invested $60,000, $75,000, and $105,000, respectively, to start an e-learning business. They realized that they required an additional $15,600 for operating the business. How much did each of them have to individually invest to maintain their original investment ratio? a.What is Travis's additional investment? Round to the nearest cent b. What is Li Jun's additional investment? Round to thenearest cent: G. What is Courtney's additional investment? Round to the nearest cent
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