Part of $9,000 Was Invested by an Investment Club at 10

question 30

Multiple Choice

Part of $9,000 was invested by an investment club at 10% interest and the rest at 12%. If the annual income from these investments is $1,060, how much was invested at each rate?

• A) $1,500 at 10% and $8,000 at 12%
• B) $8,000 at 10% and $1,000 at 12%
• C) $1,000 at 10% and $8,000 at 12%
• D) $2,000 at 10% and $8,000 at 12%
• E) $1,000 at 10% and $9,000 at 12%

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Definitions:

Trachea

The windpipe, a tube that connects the larynx to the bronchi of the lungs.

Pharynx

A muscular tube that connects the mouth and nasal passages with the esophagus and larynx, serving both respiratory and digestive functions.

Larynx

The voice box located in the neck that contains the vocal cords; involved in breathing, producing sound, and protecting the trachea.

Epiglottis

A flap of cartilage located at the base of the tongue that prevents food and drink from entering the windpipe during swallowing.