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

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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Knicoket: Newbie | Next Rank: 10 Posts; Posts: 1; Joined: Wed Apr 28, 2021 4:59 am

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

by Knicoket » Wed Apr 28, 2021 5:23 am

How do you solve this word problem?

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