Use the Five-Step Strategy for Solving Word Problems to Find $\$ 10,000$

question 79

Multiple Choice

Use the five-step strategy for solving word problems to find the number or numbers described in the following
exercise.
-You inherit $\$ 10,000$ with the stipulation that for the first year the money must be invested in two stocks paying $6 \%$ and $11 \%$ annual interest, respectively. How much should be invested at each rate if the total interest earned for the year is to be $\$ 800$ ?

• A) \(\$ 6000\) invested at \(6 \% ; \$ 4000\) invested at \(11 \%\)
• B) \(\$ 4000\) invested at \(6 \% ; \$ 6000\) invested at \(11 \%\)
• C) \(\$ 5000\) invested at \(6 \% ; \$ 5000\) invested at \(11 \%\)
• D) \(\$ 7000\) invested at \(6 \% ; \$ 3000\) invested at \(11 \%\)

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A machine designed to convert various forms of energy into mechanical force and motion, powering automobiles.

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The total number of individuals incarcerated in prison facilities at any given time.