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Mardi Received an Inheritance of $60,000

Question 104

Multiple Choice

Mardi received an inheritance of $60,000. She invested part at 8% and deposited the remainder in tax-free bonds at 12%. Her total annual income from the investments was $6000. Find the amount
Invested at 8%.


A) $15,000
B) $54,000
C) $29,000
D) $30,000

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