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Homework: Summer 2019 Home Work 2 Save HW Score:90%, 18 of 20 pts 19 of 20 (19 complete) Score: 0 of 1 pt 1.3-10 Question
Homework: Summer 2019 Home Work 2 Save HW Score:90%, 18 of 20 pts 19 of 20 (19 complete) Score: 0 of 1 pt 1.3-10 Question Help You inherit $56,000 from a very wealthy grandparent, with the stipulation that for the first year, the money must be invested in two stocks paying 4 % and 10 % annual interest, respectively. How much should be invested at each rate if the total interest earned for the year is to be $3,200? O A. $26,000 invested at 4 %; $30,000 invested at 10 % O B. $16,000 invested at 4% ; $40,000 invested at 10% O C. $30,000 invested at 4 % : $26,000 invested at 10 % D. $40,000 invested at 4%: $16,000 invested at 10%
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