Three business people wish to invest in a new company. Each person is willing to pay one third of the total investment. After careful calculations, they realize that each of them would pay $5,200 less if they could find two more equal investors. How much is the total investment in the new business? Choose the correct choice from the following options:
A) $64,000
B) $78,000
C) $39,000
D) $ 5,200
E) $ 3,800
Total Investment between 5: (x/5)   Total investment including 5200 less between 3 people(x-(5200*3))/3   Set both eq. equal to eachother.   $39,000   Answer $39,000)
<result>C</result>
Three business people wish to invest in a new company. Each person is willing to pay one third of the total investment. After careful calculations, they realize that each of them would pay $5,200 less if they could find two more equal investors. How much is the total investment in the new business?