Solve the problem.
-Mardi received an inheritance of $50,000. She invested part at 1.75% and deposited the remainder in tax-free bonds at 2%. Her total annual income from the investments was $925. Find the amount invested at 1.75%.
A) $29,000
B) $15,000
C) $49,075
D) $30,000
Correct Answer:
Verified
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