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Author Question: Kevin invested part of his $10,000 bonus in a certificate of deposit that paid 6% ... (Read 112 times)

tichca

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Solve the problem.

Kevin invested part of his $10,000 bonus in a certificate of deposit that paid 6% annual simple interest, and the remainder in a mutual fund that paid 11% annual simple interest. If his total interest for that year was $800, how much did Kevin invest in the mutual fund?
◦ $3000
◦ $5000
◦ $6000
◦ $4000


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Marked as best answer by tichca on Feb 28, 2021

mfedorka

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tichca

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Reply 2 on: Feb 28, 2021
Thanks for the timely response, appreciate it


Sarahjh

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Reply 3 on: Yesterday
Excellent

 

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