document.write( "Question 1165964: Dick, Ed and Fran formed a partnership. The partnership agreement requires
\n" ); document.write( "them to provide capital when and as required by the partnership in the ratio
\n" ); document.write( "of 7:9:8, respectively.
\n" ); document.write( "A. If the total required initial investment was $96,000, how much did each
\n" ); document.write( "contribute?
\n" ); document.write( "B. One year later, Dick's share of another injection of capital was $10,500.
\n" ); document.write( "What is the total investment made by the partnership including the initial
\n" ); document.write( "investment? What is Ed's share of the entire investment? \n" ); document.write( "
Algebra.Com's Answer #790429 by Edwin McCravy(20056)\"\" \"About 
You can put this solution on YOUR website!
Dick, Ed and Fran formed a partnership. The partnership agreement requires
\n" ); document.write( "them to provide capital when and as required by the partnership in the ratio
\n" ); document.write( "of 7:9:8, respectively.\r
\n" ); document.write( "\n" ); document.write( "A. If the total required initial investment was $96,000, how much did each
\n" ); document.write( "contribute?
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document.write( "When an amount is divided three ways in the ratio a:b:c, then the three\r\n" );
document.write( "fractions of the amount are \r\n" );
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document.write( "So Dick contributed \r\n" );
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document.write( "\"expr%287%2F%287%2B9%2B8%29%29%2A%22%2496%2C000%22=expr%287%2F24%29%2A96000=%22%2428%2C000%22\"\r\n" );
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document.write( "Ed contributed \r\n" );
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document.write( "\"expr%289%2F%287%2B9%2B8%29%29%2A%22%2496%2C000%22=expr%289%2F24%29%2A96000=%22%2436%2C000%22\"\r\n" );
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document.write( "and Fran contributed \r\n" );
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document.write( "\"expr%288%2F%287%2B9%2B8%29%29%2A%22%2496%2C000%22=expr%288%2F24%29%2A96000=%22%2432%2C000%22\"\r\n" );
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\n" ); document.write( "B. One year later, Dick's share of another injection of capital was $10,500.
\n" ); document.write( "What is the total investment made by the partnership including the initial
\n" ); document.write( "investment? What is Ed's share of the entire investment?
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document.write( "Suppose the total investment was $N. Then\r\n" );
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document.write( "Dick contributed \r\n" );
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document.write( "\"expr%287%2F%287%2B9%2B8%29%29%2A%22%24N%22=expr%287%2F24%29%2A%22%24N%22=%22%2410%2C500%22\"\r\n" );
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document.write( "\"expr%287%2F24%29%2A%22%24N%22=%22%2410%2C500%22\"\r\n" );
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document.write( "Multiply both sides by 24/7\r\n" );
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document.write( "\"%22%24N%22=expr%2824%2F7%29%2A%22%2410%2C500%22=%22%2436%2C000%22\"\r\n" );
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document.write( "Ed's share was \r\n" );
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document.write( "Edwin
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