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Solve the Investment Problem $5000\$ 5000 Last Year from a Part-Time Job

Question 60

Multiple Choice

Solve the investment problem.
-Walt made an extra $5000\$ 5000 last year from a part-time job. He invested part of the money at 10%10 \% and the rest at 8%8 \% . He made a total of $420\$ 420 in interest. How much was invested at 8%8 \% ?


A) $1000\$ 1000
B) $3000\$ 3000
C) $4000\$ 4000
D) $2500\$ 2500

Correct Answer:

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