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Source: Magoosh
Ms. Morris invested in Fund A and Fund B. The total amount she invested, in both funds combined, was $100,000. In one year, Fund A paid 23% and Fund B paid 17%. The interest earned in Fund B was exactly $200 greater than the interest earned in Fund A. How much did Ms. Morris invest in Fund A?
A. $32,000
B. $36,000
C. $40,000
D. $42,000
E. $45,000
The OA is D
Ms. Morris invested in Fund A and Fund B. The total amount she invested, in both funds combined, was $100,000. In one year, Fund A paid 23% and Fund B paid 17%. The interest earned in Fund B was exactly $200 greater than the interest earned in Fund A. How much did Ms. Morris invest in Fund A?
A. $32,000
B. $36,000
C. $40,000
D. $42,000
E. $45,000
The OA is D
