Solve the problem.Martin purchased some municipal bonds yielding 8% annually and some certificates of deposit yielding 11% annually. If Martin's investment amounts to $23,000 and the annual income is $2230, how much money is invested in bonds and how much is invested in certificates of deposit?
A. $10,000 in bonds; $13,000 in certificates of deposit
B. $13,000 in bonds; $10,000 in certificates of deposit
C. $15,000 in bonds; $8000 in certificates of deposit
D. $8000 in bonds; $15,000 in certificates of deposit
Answer: A
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