Karen decided to put her money into two investments. She deposited an amount in an investment paying 8% and twice the amount in an investment paying 10%. If the total income on these investments was $560, then how much did she invest at the higher rate? and how much did she invest at the lower rate? a. $1000 b. $2000 c. $3000 d. $4000

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
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Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 4.58TI: Translate to a system of equations and solve: Jill’s Sandwich Shoppe owes $65,200 on two business...
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Karen decided to put her money into two investments. She deposited an amount in an investment paying 8% and twice the amount in an investment paying 10%. If the total income on these investments was $560, then how much did she invest at the higher rate? and how much did she invest at the lower rate?

a. $1000

b. $2000

c. $3000

d. $4000

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