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Barbara invests $2400 in the National Bank at 5%. How much additional money must she invest at 8% so that the total annu

Expert replies
by Vincen » Wed Apr 28, 2021 1:49 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

Barbara invests $2400 in the National Bank at 5%. How much additional money must she invest at 8% so that the total annual income will be equal to 6% of her entire investment?

A/ 1200
B/ 3000
C/ 1000
D/ 3600
E/ 2400

Answer: A

Source: GMAT Paper Tests
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