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How much should each of the investors receive

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Gerry has three investors with whom he needs to divide $30,000 in profit from the business. The original combined investment of the three investors was $5,000: Jim invested $1,000, Mary invested $1,700 and Laura invested $2,300.

Problem 1: How much of the $30,000 should each of these investors receive if they are to share in the $30,000 profit in proportion to their investment?

Reference no: EM132905794

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