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Solve the Problem. -Sue Invested $10,000, Part at 5.9% Annual Interest and the Interest

Question 327

Multiple Choice

Solve the problem.
-Sue invested $10,000, part at 5.9% annual interest and the balance at 6.7% annual interest. How much is invested at each rate if a 1-year interest payment is $645.52?


A) $2960 at 5.9% and $4160 at 6.7%
B) $3160 at 5.9% and $6840 at 6.7%
C) $3060 at 5.9% and $6940 at 6.7%
D) $6940 at 5.9% and $3060 at 6.7%

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