Doris Invested Some Money at 7% and Some Money at 8

question 58

Multiple Choice

Doris invested some money at 7% and some money at 8%. She invested $5,000 more at 8% than she did at 7%. Her total yearly interest from the two investments was $850. How much did Doris invest at each rate?

• A) $4,000 at 7%, $8,000 at 8%
• B) $3,000 at 7%, $9,000 at 8%
• C) $3,000 at 7%, $8,000 at 8%

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Definitions:

Modes of Thinking

The various ways in which individuals process information and solve problems, influenced by cognitive styles and patterns.

Inputs

Resources, information, or efforts that are used to produce goods or services in a process or system.

Brain

The organ in living organisms responsible for processing information, controlling behavior, and enabling thought and memory.

Emotional Intelligence

The skill to recognize, regulate, and articulate personal emotions while managing social relationships with care and understanding.