Answer:
$36000 by Mr Daniels
$84000 by Mr Griffith
Step-by-step explanation:
Given parameters:
Total amount invested = $120,000
Ratio of investment = 3 : 7
Unknown:
Amount invested by each of them = ?
Solution:
Daniels : Griffith
3 : 7
Amount invested by Daniels = [tex]\frac{3}{10}[/tex] x 120000 = $36000
Amount invested by Griffith = [tex]\frac{7}{10}[/tex] x 120000 = $84000
