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

Formulate the situation as a system of two linear equations in two variables. Be sure to state clearly the meaning of your x- and y-variables. Solve the system by the elimination method. Be sure to state your final answer in terms of the original question.

A lawyer has found 60 investors for a limited partnership to purchase an inner-city apartment building, with each contributing either $6,000 or $12,000. If the partnership raised $528,000, then how many investors contributed $6,000 and how many contributed $12,000?

x = $6,000 investors
y = $12,000 investors
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Answer #1

Dato Pego $6000 eadh h paid12 000 each and be the wmbo af mntarn 6000 12000 : omd, - 60 528000 eratian e reganad nstem of ()

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