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Solve the Problem. -Roberto Invested Some Money at 5%, and Then Invested

Question 293

Multiple Choice

Solve the problem.
-Roberto invested some money at 5%, and then invested $ 4000 more than twice this amount at 4%. His total annual income from the two investments was $ 1460. How much was invested at 4%?


A) $ 20,000
B) $ 24,000
C) $ 2400
D) $ 12,000

Correct Answer:

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