An Investment Adviser Invested $100,000 in Two Accounts

Multiple Choice

An investment adviser invested $100,000 in two accounts. One investment earned 9% annual simple interest, and the other investment earned 8.5% annual simple interest. The amount of interest earned for 1 year was $8700 How much was invested in each account?

A) $49,000 → 9% ; $51,000 → 8.5%
B) $40,000 → 9% ; $60,000 → 8.5%
C) $73,000 → 9% ; $27,000 → 8.5%
D) $36,000 → 9% ; $64,000 → 8.5%
E) $34,000 → 9% ; $66,000 → 8.5%