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Solve the Problem 7%7 \% , and Then Invested $4000\$ 4000 More Than Twice This Amount At

Question 68

Multiple Choice

Solve the problem.
-Roberto invested some money at 7%7 \% , and then invested $4000\$ 4000 more than twice this amount at 12%12 \% . His total annual income from the two investments was $3890\$ 3890 . How much was invested at 12%12 \% ?


A) $26,000\$ 26,000
B) $22,000\$ 22,000
C) $12,000\$ 12,000
D) $2600\$ 2600

Correct Answer:

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