A Man Has $282,000 Invested in Three Properties

question 122

Multiple Choice

A man has $282,000 invested in three properties. One earns 12%, one 10%, and one 8%. His annual income from the properties is $27,000 and the amount invested at 8% is twice that invested at 12%. How much is invested in each property?

• A)$33,840 at 12%, $28,200 at 10%, $22,560 at 8%
• B)$88,800 at 12%, $44,400 at 10%, $148,800 at 8%
• C)$76,800 at 12%, $68,400 at 10%, $136,800 at 8%
• D)$55,500 at 12%, $111,000 at 10%, $115,500 at 8%
• E)$60,000 at 12%, $102,000 at 10%, $120,000 at 8%

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Definitions:

Antisocial Personality Disorder

A behavioral condition identified by long-standing tendencies to manipulate, exploit, or breach the rights of other people.

Frontal Lobe Functions

The activities and processes managed by the frontal lobe of the brain, including decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.

Planning

The process of defining goals, establishing strategies to achieve those goals, and developing plans to integrate and coordinate activities.

Anorexia Nervosa

An eating disorder characterized by an extreme fear of gaining weight, leading to severe dietary restriction and weight loss.