Bob, Rob, and Chuck invest $13,000, $22,000, and $18,000, respectively, to build a yacht. After the yacht

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Bob, Rob, and Chuck invest $13,000, $22,000, and $18,000, respectively, to build a yacht. After the yacht was built, Bob decided to sell his share of the investment to Rob and Chuck. How much would Rob and Chuck each have to pay Bob if they want to maintain the same ratio of their investments in the yacht?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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