Multiple Choice
A man has a total of $110,000 invested in three rental properties. One property earns 7.5% per year on its investment, the second earns 9%, and the third earns 10%. The three properties earn a total of $9600 per year.
What is the largest amount that could be invested at 7.5%?
A) $56,000
B) $110,000
C) $50,000
D) $54,000
Correct Answer:
Verified
Correct Answer:
Verified
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