Solve the problem.
-Roberto invested some money at 2.5%, and then invested $4000 more than twice this amount at 3%. His total annual income from the two investments was $970.00. How much was invested at 3%?
A) $12,000
B) $24,000
C) $2400
D) $20,000

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-Roberto invested some money at 2.5%, and then invested $4000 more than twice this amount at 3%. His total annual income from the two investments was $970.00. How much was invested at 3%?
A) $12,000
B) $24,000
C) $2400
D) $20,000

Solve the Problem. -Roberto Invested Some Money at 2.5%, and Then Invested $4000