document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1112570>Question 1112570</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Formulate the situation as a system of two linear equations in two variables. Be sure to state clearly the meaning of your x- and y-variables. Solve the system by the elimination method. Be sure to state your final answer in terms of the original question.\r<BR>\n" );
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document.write( "A lawyer has found 60 investors for a limited partnership to purchase an inner-city apartment building, with each contributing either $3,000 or $6,000. If the partnership raised $246,000, then how many investors contributed $3,000 and how many contributed $6,000?\r<BR>\n" );
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document.write( "x = 	 $3,000 investors\r<BR>\n" );
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document.write( "y = 	 $6,000 investors<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #727699 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=727699\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
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document.write( "$6,000 	x	Investors				60					<BR>\n" );
document.write( "$3,000 	y	Investors				$246,000 					<BR>\n" );
document.write( "Equation for total investors											<BR>\n" );
document.write( "											<BR>\n" );
document.write( "	x	+		y	=	60	.............1				<BR>\n" );
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document.write( "Equation for amount raised											<BR>\n" );
document.write( "$6,000 	x	+	3000.00	y	=	$246,000 	.............2				<BR>\n" );
document.write( "Eliminate y											<BR>\n" );
document.write( "multiply (1)by		-3000									<BR>\n" );
document.write( "Multiply (2) by		1									<BR>\n" );
document.write( "-3000	x		-3000	y	=	-180000					<BR>\n" );
document.write( "6000			3000	y	=	246000					<BR>\n" );
document.write( "Add the two equations											<BR>\n" );
document.write( "3000	x				=	66000					<BR>\n" );
document.write( "/	3000.00										<BR>\n" );
document.write( "x	=	22.00									<BR>\n" );
document.write( "plug value of			x	in (1)							<BR>\n" );
document.write( "1.00	x	+	1.00	y	=	60					<BR>\n" );
document.write( "22.00		+	1.00	y	=	60					<BR>\n" );
document.write( "			1.00	y	=	38					<BR>\n" );
document.write( "				y=		38					<BR>\n" );
document.write( "											<BR>\n" );
document.write( "$6000.00	22.00	Investors									<BR>\n" );
document.write( "$3000.00	38.00	Investors									<BR>\n" );
document.write( "m.ananth@hotmail.ca											<BR>\n" );
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