Ama and Kofi shared the profit earned from their contribution. Ama contribute 3,000,000.00 and the Total capital was 7,000,000.00. The profit earned was 1,743,000. (a) Find how much of the profit each person received. (b) Kofi lent out his share of the profit at a rate of 20% per annum for 2 years. Find the interest on his share. (c) what will be kofi total amount at the end of the 2 years.
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