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Solve the Problem. -Roberto Invested Some Money at 8%, and Then Invested $3000

Question 71

Multiple Choice

Solve the problem.
-Roberto invested some money at 8%, and then invested $3000 more than twice this amount at 11%. His total annual income from the two investments was $4830. How much was invested at 11%?


A) $30,000
B) $9000
C) $3300
D) $33,000

Correct Answer:

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