anikelvin872 anikelvin872
  • 26-01-2024
  • Mathematics
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babatunde invests 330,000 naira partly in new nigeria motors limited by buying 50k shares at 75k and partly in united bank of africa by buying 1.00 naira shares at 1.20 naira . The two companies pay dividends at 25/2 % and 12% respectively , and the incomes he gets from the two investments are equal . Calculate the sum invested in each company.

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