Solve the Problem. -Ms. Adams Received a Bonus Check for $15,000. She Decided

question 71

Multiple Choice

Solve the problem.
-Ms. Adams received a bonus check for $15,000. She decided to divide the money among three different investments. With some of the money, she purchased a municipal bond paying 5.5% simple interest. She
Invested twice the amount she paid for the municipal bond in a certificate of deposit paying 4.4% simple
Interest. Ms. Adams placed the balance of the money in a money market account paying 3.1% simple interest. If
Ms. Adams' total interest for one year was $540, how much was placed in each account?

• A)municipal bond: $1250
• B)municipal bond: $2000 certificate of deposit: $2500 certificate of deposit: $4000
• Money market: $11,250 money market: $9000
• C)municipal bond: $1000
• D)municipal bond: $1500 certificate of deposit: $2000 certificate of deposit: $3000
• Money market: $12,000 money market: $10,500

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Definitions:

Unfair Treatment

Actions or behaviors that are unjust, biased, or favoring one party over another in an unjust manner.

Appropriate Information

Relevant and suitable data or details that match the context or requirements of a particular situation or decision-making process.

Distributive Justice

The perceived fairness of how resources and rewards are distributed within a society or organization.

Procedural Justice

The fairness of the processes that are used to make and implement decisions, often emphasizing transparency, opportunity to voice concerns, and consistency.