SOLUTION: A law firm is going to designate associates and partners to a big new case. The daily rate charged to the client for each associate is $500 and the daily rate for each partner is $
Question 1180269: A law firm is going to designate associates and partners to a big new case. The daily rate charged to the client for each associate is $500 and the daily rate for each partner is $1000. The law firm assigned a total of 8 lawyers to the case and was able to charge the client $6500 per day for these lawyers' services. Determine the number of associates assigned to the case and the number of partners assigned to the case. Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! A+P=8
500A+1000P=6500
since P=(8-A)
500(A)+1000(8-A)=6500
500A+8000-1000A=6500
-500A=-1500
A=3 associates ($1500)
P=5 partners ($5000)