Multiple Choice
Solve the problem.
-Ms. Adams received a bonus check for $15,000. She decided to divide the money among three different investments. With some of the money, she purchased a municipal bond paying 5.6% simple interest. She
Invested twice the amount she paid for the municipal bond in a certificate of deposit paying 4.7% simple
Interest. Ms. Adams placed the balance of the money in a money market account paying 3.2% simple
Interest. If Ms. Adams' total interest for one year was $561, how much was placed in each account?
A) municipal bond:
certificate of deposit:
money market:
B) municipal bond:
certificate of deposit:
money market:
C) municipal bond:
certificate of deposit:
money market:
D) municipal bond:
certificate of deposit:
money market:
Correct Answer:

Verified
Correct Answer:
Verified
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