You invested a total of $6,800 in three funds at the beginning of 2003, including an equal amount in PNF and CMBFX. You earned a total of $407 in interest for the year. How much did you invest in each of the three funds Use the data given in the figure below.
A) PNF (Pimco N. Y.) : $2,500 CMBFX (Columbia Ore) : $2,500
SFCOX : $2,200
B) PNF (Pimco N. Y.) : $2,500
CMBFX (Columbia Ore) : $2,500
SFCOX : $1,800
C) PNF (Pimco N. Y.) : $2,200
CMBFX (Columbia Ore) : $2,200
SFCOX : $2,400
D) PNF (Pimco N. Y.) : $2,300
CMBFX (Columbia Ore) : $2,300
SFCOX : $2,200
E) PNF (Pimco N. Y.) : $2,300
CMBFX (Columbia Ore) : $2,300
SFCOX : $1,800
Correct Answer:
Verified
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