Multiple Choice
Part of $6,000 is invested at 9%, another part at 11%, and the remainder at 12% yearly interest. The total yearly income from the three investments is $650. The sum of the amounts invested at 9% and 11% equals the amount invested at 12%. How much is invested at each rate?
A) $2,000 at 9%, $1,000 at 11%, and $3,000 at 12%
B) $1,500 at 9%, $0 at 11%, and $3,500 at 12%
C) $3,000 at 9%, $0 at 11%, and $3,000 at 12%
D) $1,500 at 9%, $1,000 at 11%, and $3,500 at 12%
E) $2,500 at 9%, $2,000 at 11%, and $2,000 at 12%
Correct Answer:

Verified
Correct Answer:
Verified
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