When developing a business plan, an entrepreneur analyzed the amount of capital that would be needed to operate the business for the first three months. If the total amount of capital needed is $150,000, what amount will the entrepreneur need to obtain from other sources if family members will invest 60% of that amount and the entrepreneur will invest $25,000?

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When developing a business plan, an entrepreneur analyzed the amount of capital that would be needed to operate the business for the first three months. If the total amount of capital needed is $150,000, what amount will the entrepreneur need to obtain from other sources if family members will invest 60% of that amount and the entrepreneur will invest $25,000?