Solved

Solve. -If $14,000 Is Invested at 10% Simple Annual Interest, How

Question 123

Multiple Choice

Solve.
-If $14,000 is invested at 10% simple annual interest, how much should be invested at 12% annual simple interest so that the total yearly income from both investments is $5000?


A) $3320
B) $30,000
C) $33,200
D) $3000

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