Billy has invested RM38 500 in three unit trusts. He divided the money into ièTYdifferent unit trust accounts, Amanah Saham Nasional, Amanah Saham Wanuerand Amanah Saham Mas. At the end of the year, he obtained a profit of RMI 877.50.The annual interest rates given to each account are 4%, 5.5% and 6°. Rypecmeh.The total amount of money in Amanah Saham Nasional account is three times that inAmanah Saham Mas account.How much money did Billy invested in each unit trust account?

Let the amount invested be “X” in Amanah Saham Mas (ASM) account. Amount in Amanah Saham Nasional…

Answered: Billy has invested RM38 500 in three…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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