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    natalia487's Avatar
    natalia487 Posts: 1, Reputation: 1
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    #1

    Jan 24, 2017, 01:25 PM
    system of equstions matrix word problem
    A broker offers limited partnerships in the amounts of $1000, $5000, and $10,000 in three organizations speculating in gold mines, oil wells, and modern art. The capitalization values and number of members in each are given in the table, together with the “altered value” of the capitalization should all the $1000 memberships be replaced by the same number of $5000 memberships. How many memberships of each amount are in each partnership? You need to show all work to get full credit. (hint: use the inverse)

    Gold Mines Oil Wells Modern Art
    Value $2.0 million $3.9 million $2.5 million
    Number of members 500 700 600
    "altered value" $3.0 million $4.5 million $3.8 million
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #2

    Jan 24, 2017, 03:03 PM
    "You need to show all work to get credit". What do we get? It even gives you a hint. Show us your work first,we don't do it for you.
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