Suzanne Invested $18,100 in Two Mutual Fund Accounts: the Abernathy

question 5

Multiple Choice

Suzanne invested $18,100 in two mutual fund accounts: the Abernathy Fund and the Brice Fund. During the subsequent year, The Abernathy Fund earned 11% and the Brice account earned 6%. At the end of the year, the total interest earned was $1,391. How much did Suzanne invest in each fund?

• A) $6,600 in the Abernathy Fund, $11,500 in the Brice Fund
• B) $5,100 in the Abernathy Fund, $13,000 in the Brice Fund
• C) $6,100 in the Abernathy Fund, $12,000 in the Brice Fund
• D) $6,600 in the Abernathy Fund, $11,700 in the Brice Fund

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