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RM35,000 was invested in 3 businesses. These businesses will earn 7%, 8% and 9% incomes respectively. The income for the first year was RM2,830 od
RM35,000 was invested in 3 businesses. These businesses will earn 7%, 8% and 9% incomes respectively. The income for the first year was RM2,830 od and the capital was reinvested. In the second year, the amount which earned 9% income had increased to 10% and other incomes were maintained as in year one. The total income for the second year was RM2,960. Calculate the initial amount invested in businesses 1, 2 and 3 respectively
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