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Solve the Problem. -Roberto Invested Some Money at 2.5%, and Then Invested $5000

Question 7

Multiple Choice

Solve the problem.
-Roberto invested some money at 2.5%, and then invested $5000 more than twice this amount at 4%. His total annual income from the two investments was $1565.00. How much was invested at 4%?


A) $31,000
B) $15,000
C) $26,000
D) $3100

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