Mardi Received an Inheritance of $60,000

question 104

Multiple Choice

Mardi received an inheritance of $60,000. She invested part at 8% and deposited the remainder in tax-free bonds at 12%. Her total annual income from the investments was $6000. Find the amount
Invested at 8%.

• A)$15,000
• B)$54,000
• C)$29,000
• D)$30,000