Calculate the initial amount invested in business

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EJaMoss Enterprise Company is planning to Invest in 3 business with amount RM 40000. These business will earn 6%, 7% and 8% incomes respectively. The income for the first year was RM 2,830 and the capital was reinvested. In second year, the amount which earned 8% income had Increased to 9%. For 6% decreased to 5% and other Incomes maintained as in year one. The total income for the second year was RM3,000. Calculate the initial amount invested In business 1, 2 and 3 respectively.

Reference no: EM132868982

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