Solve. -A College Student Earned $5200 During Summer Vacation Working as as a Waiter

question 168

Multiple Choice

Solve.
-A college student earned $5200 during summer vacation working as a waiter in a popular restaurant. The student invested part of the money at 10% and the rest at 7%. If the student received a total of $445 in interest at
The end of the year, how much was invested at 10%?

• A)$2700
• B)$742
• C)$2500
• D)$2600

---

Definitions:

Type Of Cost

A category within accounting that relates to the nature of expenses incurred, such as fixed, variable, direct, or indirect costs.

Plant Expansion

The process or activity of increasing the capacity or size of a manufacturing facility.

Customer Demand

The level of interest and need for products or services by consumers in the market at a given time.

Predicting Profits

The process of estimating the future financial profits of a business based on current data, trends, and analysis.