Solve the Problem. -You Inherit $56,000 from a Very Wealthy Grandparent, with the Grandparent

question 348

Multiple Choice

Solve the problem.
-You inherit $56,000 from a very wealthy grandparent, with the stipulation that for the first year, the money must be invested in two stocks paying 4% and 10% annual interest, respectively. How much should be invested At each rate if the total interest earned for the year is to be $3200?

• A)$26,000 invested at 4%; $30,000 invested at 10%
• B)$30,000 invested at 4%; $26,000 invested at 10%
• C)$16,000 invested at 4%; $40,000 invested at 10%
• D)$40,000 invested at 4%; $16,000 invested at 10%

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Definitions:

Amniocentesis

A medical procedure used during pregnancy to sample the amniotic fluid surrounding the fetus, primarily to test for genetic conditions or abnormalities.

Miscarriages

The spontaneous loss of a pregnancy before the fetus can survive outside the womb, typically occurring within the first trimester.

Cesarean Deliveries

A surgical procedure used to deliver a baby through incisions in the abdomen and uterus, often undertaken when a vaginal delivery would pose a risk to the mother or baby.

Fetal Abnormalities

Deviations from the normal development in the fetus, which can be structural, functional, or genetic, and detected before birth through various screening methods.