SOLUTION: Ann, Bill, Cynthia, and Don respectively invest $2000, $3000, $8000, and $7000 in a joint business venture, agreeing to share the profits in the ratio of their investments. How

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Question 883801: Ann, Bill, Cynthia, and Don respectively invest $2000,
$3000, $8000, and $7000 in a joint business venture,
agreeing to share the profits in the ratio of their
investments. How much does each receive if the
business earns a profit of $38000?
Answer by Edwin McCravy(20055)   (Show Source): You can put this solution on YOUR website!
Ann, Bill, Cynthia, and Don respectively invest $2000,
$3000, $8000, and $7000 in a joint business venture,
agreeing to share the profits in the ratio of their
investments. How much does each receive if the
business earns a profit of $38000.
Ann's part is     

Bill's part is    

Cynthia's part is 

Don's part is     

Notice that 

  and that 



Edwin
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