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

Question 452

Multiple Choice

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

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