Solve the Problem $\$ 60,000$ She Invested Part At an Inheritance

question 34

Multiple Choice

Solve the problem.
-Mardi received an inheritance of $\$ 60,000$ . She invested part at $8 \%$ and deposited the remainder in tax-free bonds at $11 \%$ . Her total annual income from the investments was $\$ 5700$ . Find the amount invested at $8 \%$ .

• A) \(\$ 54,300\)
• B) \(\$ 29,000\)
• C) \(\$ 30,000\)
• D) \(\$ 15,000\)

Understand the role of rating scales and validity scales in psychological assessments.

Recognize the application of personality testing in career counseling.

Identify the unique focuses of different personality tests.

Understand common criticisms of personality tests.

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Definitions:

Fat Free

Describing food products that contain minimal to no fat content, often used in dietary preferences or restrictions.

Solicited Proposals

Requests for proposals that are made in response to an explicit demand or invitation from an organization or individual.

Indirect Method

A communication approach that presents the main point after providing the background or reasoning, often used to soften the delivery of sensitive information.

Internal Proposal

A document or request aimed at addressing issues or suggesting improvements within an organization by its members.