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Maria Has $12,000 to Invest for One Year 13\frac { 1 } { 3 }

Question 71

Multiple Choice

Maria has $12,000 to invest for one year. Investment A pays 7% interest for the year, and investment B pays 10% interest. She invests 13\frac { 1 } { 3 } of the money at 7% and 23\frac { 2 } { 3 } of the money at 10%. Find how much she earns.


A) $1,090
B) $1,120
C) $1,100
D) $1,110
E) $1,080

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