Formulate the situation as a system of two linear equations in two variables. Be sure to...

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business finance

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Answer 1

Answer #1

As the total number of investors are 60 => x + y = 60

Also, 5,000 * x + 10,000 * y = 435,000

=> x + 2y = 87

=> y = 87 - 60 = 27

and x = 60 - 27 = 33

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Answer 2

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