Ken and Martina agreed to form a partnership. The partnership agreement requires that Martina invest $2500 more

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Ken and Martina agreed to form a partnership. The partnership agreement requires that Martina invest $2500 more than two-thirds of what Ken is to invest. If the partnership’s capital is to be $55 000, how much should Martina invest?
For this problem, set up an equation in one unknown and solve.
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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