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16 July, 04:49

Nick and keandre start a business together. they need $78,000 to start the business and invest in the ratio of 3:2 respectively. how much did each person invest

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  1. 16 July, 04:57
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    So Nick invested 3x parts and keandre invested 2x.

    3x + 2x = 78000

    5x = 78000

    x = 15600

    So multiply that by three and two to find how much each invested.

    15600*2 = $31200 (Keandre)

    15600*3 = $46800 (Nick)
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