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Write the Word or Phrase That Best Completes Each Statement

Question 158

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
-Jenny receives $1270 per year from three different investments totaling $20,000. One of the investmentspays 6%, the second one pays 8%, and the third one pays 5%. If the money invested at 8% is $1500 lessthan the amount invested at 5%, how much money has Jenny invested in the investment that pays 6%?


A) $1500
B) $8500
C) $4500
D) $10,000

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