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Liam Invested Some Money in the Abernathy Fund and $8,436

Question 17

Multiple Choice

Liam invested some money in the Abernathy Fund and $8,436 more than that amount in the Carlson Fund. For the year he was in these funds, the Abernathy fund paid 8% simple interest and the Carlson Fund paid 11% simple interest. If the income from the two funds totalled $2,175.12, then how much was invested in each fund?


A) $6,564 in Abernathy and $15,000 in Carlson
B) $16,500 in Abernathy and $8,064 in Carlson
C) $8,064 in Abernathy and $16,500 in Carlson
D) $15,000 in Abernathy and $6,564 in Carlson

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