Solve the Problem. -Kevin Invested Part of His $10,000 Bonus in a Certificate

question 157

Multiple Choice

Solve the problem.
-Kevin invested part of his $10,000 bonus in a certificate of deposit that paid 6% annual simple interest, and the remainder in a mutual fund that paid 11% annual simple interest. If his total interest for that year was $900, how much did Kevin invest in the mutual fund?

• A)$4000
• B)$7000
• C)$6000
• D)$5000

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Definitions:

Evolutionary Artifacts

Physical or cultural remnants from the past that have been shaped by evolutionary processes and may still influence modern human behavior or society.

Decision-Making

The act of choosing between two or more courses of action in situations of uncertainty or complexity.

Deliberate Attitudes

Consciously formed evaluations or opinions about people, objects, or concepts, often reflecting one's beliefs and values.

Reflective Responses

These are thoughtful and considered reactions or answers to stimuli or events, often requiring self-awareness and evaluation.