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

Multiple Choice

Solve the problem.
-Mardi received an inheritance of $ 60,000. She invested part at 4% and deposited the remainder in tax-free bonds at 6%. Her total annual income from the investments was $ 2800. Find the amount invested at 4%.

A) $ 20,000
B) $ 40,000
C) $ 39,000
D) $ 57,200