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Solve the Problem 6%6 \% , and Then Invested $5000\$ 5000 More Than Twice This Amount At

Question 3

Multiple Choice

Solve the problem.
-Roberto invested some money at 6%6 \% , and then invested $5000\$ 5000 more than twice this amount at 11%11 \% . His total annual income from the two investments was $4750\$ 4750 . How much was invested at 11%11 \% ?


A) $35,000\$ 35,000
B) $30,000\$ 30,000
C) $3500\$ 3500
D) $15,000\$ 15,000

Correct Answer:

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