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

Multiple Choice

Solve the problem.
-Mardi received an inheritance of $60,000. She invested part at 10% and deposited the remainder in tax-free bonds at 8%. Her total annual income from the investments was $5800. Find the amount invested at 10%.

A) $54,200
B) $50,000
C) $25,000
D) $49,000