Kaya and Fred agree to form a partnership. The partnership agreement requires that Fred invest $2500 more

Question:

Kaya and Fred agree to form a The agreement requires that Fred invest $2500 more than two-thirds of what Kaya is to invest. If the total investment in the is to be $55 000, how much should each partner invest?
Set up a system of simultaneous equations to solve the problems.
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...