Solved

Solve the Problem. -Mardi Received an Inheritance of $60,000. She Invested Part at She

Question 99

Multiple Choice

Solve the problem.

-Mardi received an inheritance of $60,000. She invested part at 12% and deposited the remainder in tax-free bonds at 10%. Her total annual income from the investments was $6600. Find the amount
Invested at 12%.


A) $30,000
B) $15,000
C) $29,000
D) $53,400

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions