Prisha, James, and Zhang each invested $7,000, $24,000, and $18,000, respectively, into a business. a. Calculate their investment ratio reduced to the lowest terms. : :
Prisha, James, and Zhang each invested $7,000, $24,000, and $18,000, respectively, into a business. a. Calculate their investment ratio reduced to the lowest terms. : :
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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both parts please
![Prisha, James, and Zhang each invested $7,000, $24,000, and $18,000, respectively,
into a business.
a. Calculate their investment ratio reduced to the lowest terms.
:
:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1753549a-6049-421e-a5ff-1807df96208f%2F930ea2a5-8632-48be-a697-31f1d8847ede%2Fll8ibz_processed.png&w=3840&q=75)
Transcribed Image Text:Prisha, James, and Zhang each invested $7,000, $24,000, and $18,000, respectively,
into a business.
a. Calculate their investment ratio reduced to the lowest terms.
:
:
![b. The business made profits of $38,000 in its first year and the owners decided to
distribute the earnings according to the ratio of their investments. How much should
each investor receive as his/her share of the profits?
Prisha :
$0.00
Round to the nearest cent
James :
$0.00
Round to the nearest cent
Zhang :
$0.00
Round to the nearest cent](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1753549a-6049-421e-a5ff-1807df96208f%2F930ea2a5-8632-48be-a697-31f1d8847ede%2Fhs176sc_processed.png&w=3840&q=75)
Transcribed Image Text:b. The business made profits of $38,000 in its first year and the owners decided to
distribute the earnings according to the ratio of their investments. How much should
each investor receive as his/her share of the profits?
Prisha :
$0.00
Round to the nearest cent
James :
$0.00
Round to the nearest cent
Zhang :
$0.00
Round to the nearest cent
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