SOLUTION: Cynthia and Lucille agreed to form a partnership. The partnership agreement requires that Lucille invest $2,637.00 more than four-fifths of what Cynthia is to invest. If the partne

Algebra ->  Finance -> SOLUTION: Cynthia and Lucille agreed to form a partnership. The partnership agreement requires that Lucille invest $2,637.00 more than four-fifths of what Cynthia is to invest. If the partne      Log On


   

Question 1199459: Cynthia and Lucille agreed to form a partnership. The partnership agreement requires that Lucille invest $2,637.00 more than four-fifths of what Cynthia is to invest. If the partnership's capital is to be $56,160.00, how much should Lucille invest?
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.

Cynthia invests  x  dollars.

Lucille invests  %284%2F5%29x+%2B+2637  dollars.


The total money equation is

    x + %284%2F5%29x+%2B+2637 = 56160  dollars.


The rest is just simple arithmetic.