Kaya and Fred agree to form a partnership. The partnership agreement requires that Fred invest $2500 1 answer below »

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.

Kaya and Fred agree to form a partnership The partnership

 

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