Multiple Choice
Mary invested same amount of money in two bond funds for 1 year. They pay interest at rates that differ by 4%. Money invested in the first fund earns $360, and money invested in the second fund earns $600. Find the bigger rate of interest.
A) 6%
B) 7%
C) 11%
D) 12%
E) 10%
Correct Answer:
Verified
Correct Answer:
Verified
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