11)
Rhianna invests $1200 in stock and bonds. The stock pays 9% interest and the bonds pay 6% interest. If the total ANNUAL interest is $96, how much is invested in the stock alone?
A)
$400
B)
$500
Eliminate
C)
$700
D)
$800

Question

11)	
  Rhianna invests $1200 in stock and bonds. The stock pays 9% interest and the bonds pay 6% interest. If the total ANNUAL interest is $96, how much is invested in the stock alone?
A)
$400	
B)
$500	
Eliminate
C)
$700	
D)
$800

anonymous · Answer

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