Kaya and Fred agree to form a partnership. The partnership agreement requires that Fred invest $2500 more

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Kaya and Fred agree to form a partnership. The partnership agreement requires that Fred invest $2500 more than two-thirds of what Kaya is to invest. If the total investment in the partnership is to be $55 000, how much should each partner invest?
Set up a system of simultaneous equations to solve the problems.
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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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