Question 941731: Joan, Sue , Stella. have agreed to form a partnership. For the original capital investment of $32760. sue agrees to contribute 20% more than Joan, Joan agrees contribute 20 % more than Stella. how much will each contribute?
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Joan, Sue , Stella. have agreed to form a partnership. For the original capital investment of $32760. sue agrees to contribute 20% more than Joan, Joan agrees contribute 20 % more than Stella. how much will each contribute?
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Stella contributes x
Joan contributes 1.2x
Sue contributes 1.2*1.2x = 1.2^2*x =
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Equation:
x + 1.2x + 1.44x = 32760
3.64x = 32760
x = 9000 (Stella's share)
1.2x = $10800 (Joan's share)
1.2^2 x = $12960 (Sue's share)
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Cheers,
Stan H.
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