Part of $2,200 Is Invested at 12%, Another Part at 13

question 13

Multiple Choice

Part of $2,200 is invested at 12%, another part at 13%, and the remainder at 14%. The total yearly income from the three investments is $295. The sum of the amounts invested at 12% and 13% equals the amount invested at 14%. Determine how much is invested at each rate.

• A)$800 at 12%, $300 at 13%, $1,100 at 14%
• B)$200 at 12%, $900 at 13%, $1,100 at 14%
• C)$200 at 12%, $1,100 at 13%, $900 at 14%
• D)$100 at 12%, $1,000 at 13%, $1,100 at 14%
• E)$300 at 12%, $1,000 at 13%, $900 at 14%