Solve the Problem. -Walt Made an Extra $7000 Last Year from a Part-Time

question 61

Multiple Choice

Solve the problem.
-Walt made an extra $7000 last year from a part-time job. He invested part of the money at 7% and the rest at 10%. He made a total of $580 in interest. How much was invested at 10%?

• A)$5000
• B)$4000
• C)$3500
• D)$3000

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Definitions:

Knowledgeable Salesperson

A sales professional who possesses a deep understanding of their product, the market, and customer needs to effectively guide and influence purchasing decisions.

Professional Goals

Career objectives or milestones that individuals aim to achieve in their professional lives.

Organizational Goals

The strategic objectives that an organization aims to achieve in a defined period, guiding its operations and decisions.

Channels of Distribution

The path or route that products and services take from the manufacturer to the final consumer, including all intermediaries.