Solve the Problem. -Mardi Received an Inheritance of $60,000. She Invested Part at Invested

question 45

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

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Definitions:

Cellular Respiration

A series of metabolic processes that convert food into energy in the form of ATP in the cells of living organisms.

Enzyme

a protein that catalyzes chemical reactions within living organisms, speeding up the rate at which these reactions occur without being consumed in the process.

Photosynthesis

A process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water. Photosynthesis in plants generally involves the green pigment chlorophyll and generates oxygen as a byproduct.

Equation

A mathematical statement that asserts the equality of two expressions, usually represented by the symbol "=".