Question 1112570


$6,000 	x	Investors				60					
$3,000 	y	Investors				$246,000 					
Equation for total investors											
											
	x	+		y	=	60	.............1				
											
Equation for amount raised											
$6,000 	x	+	3000.00	y	=	$246,000 	.............2				
Eliminate y											
multiply (1)by		-3000									
Multiply (2) by		1									
-3000	x		-3000	y	=	-180000					
6000			3000	y	=	246000					
Add the two equations											
3000	x				=	66000					
/	3000.00										
x	=	22.00									
plug value of			x	in (1)							
1.00	x	+	1.00	y	=	60					
22.00		+	1.00	y	=	60					
			1.00	y	=	38					
				y=		38					
											
$6000.00	22.00	Investors									
$3000.00	38.00	Investors									
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