Multiple Choice
A total of $50,000 is invested in two funds paying 8% and 13% simple interest. The total yearly interest is $5100. How much is invested at the 8% rate?
A) $22,000
B) $26,000
C) $19,000
D) $28,000
E) $30,000
Correct Answer:
Verified
Correct Answer:
Verified
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