Lured by the ad in the illustration below, a woman invested $13,300, some in a money market account and the rest in a 5-year CD. How much was invested in each account if the income from both investments is $1,174 per year?
A) $2,900 in the money market account, $10,400 in the CD
B) $2,100 in the money market account, $11,200 in the CD
C) $2,800 in the money market account, $10,500 in the CD
D) $2,600 in the money market account, $10,700 in the CD
E) $2,300 in the money market account, $11,000 in the CD

Question

Lured by the ad in the illustration below, a woman invested $13,300, some in a money market account and the rest in a 5-year CD. How much was invested in each account if the income from both investments is $1,174 per year? 
A) $2,900 in the money market account, $10,400 in the CD 
B) $2,100 in the money market account, $11,200 in the CD 
C) $2,800 in the money market account, $10,500 in the CD 
D) $2,600 in the money market account, $10,700 in the CD 
E) $2,300 in the money market account, $11,000 in the CD

Quizplus · Accepted Answer

The Answer of Lured by the ad in the illustration below, a woman invested $13,300, some in a money market account and the rest in a 5-year CD. How much was invested in each account if the income from both investments is $1,174 per year? 
A) $2,900 in the money market account, $10,400 in the CD 
B) $2,100 in the money market account, $11,200 in the CD 
C) $2,800 in the money market account, $10,500 in the CD 
D) $2,600 in the money market account, $10,700 in the CD 
E) $2,300 in the money market account, $11,000 in the CD

Lured by the Ad in the Illustration Below, a Woman