Solve the Problem. -Roberto Invested Some Money at 8%, and Then Invested $3000

question 91

Multiple Choice

Solve the problem.
-Roberto invested some money at 8%, and then invested $3000 more than twice this amount at 11%. His total annual income from the two investments was $4830. How much was invested at 11%?

• A)$30,000
• B)$9000
• C)$3300
• D)$33,000