Four business people wish to invest in a new company. Each person is willing to pay one fourth of the total investment. After careful calculations, they realize that each of them would pay $6,200 less if they could find two more equal investors. How much is the total investment in the new business?
Choose the most appropriate option
A) $74,400
B) $62,200
C) $25,000
D) $ 6,200
E) $ 4,300
Total Investment between 6: (x/6)   Total investment including 6200 less between 4 people(x-(6200*4))/4   Set both eq. equal to each other.   74,400   $74,400nswer $74,400)
<result>A</result>
Four business people wish to invest in a new company. Each person is willing to pay one fourth of the total investment. After careful calculations, they realize that each of them would pay $6,200 less if they could find two more equal investors. How much is the total investment in the new business?