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Calculate c investment

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Three friends, A, B, and C, start a business with investments in the ratio of 4 : 1 : 5, respectively. A invested $11,700, and all three of them agree to share profits in the ratio of their investments.

Problem a. Calculate C's investment.

Problem b. If A's profit was $16,000 in the first year, calculate B's profit.

Reference no: EM132905875

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