Solve the Problem. -Josie Invested $13,000 in Three Different Mutual Funds. a Fund

Multiple Choice

Solve the problem.
-Josie invested $13,000 in three different mutual funds. A fund containing large cap stocks made 5.7% return in 1 yr. A real estate fund lost 12.6% in 1 yr, and a bond fund made 3.5% in 1 yr. The
Amount invested in the large cap stock fund was twice the amount invested in the real estate fund. If
Josie had a net return of $162.50 across all investments, how much did she invest in the large cap
Fund?

A) She invested $8,000 in the large cap fund.
B) She invested $5,000 in the large cap fund.
C) She invested $5,500 in the large cap fund.
D) She invested $2,500 in the large cap fund.