Solve the problem.Linda invests $25,000 for one year. Part is invested at 5%, another part at 6%, and the rest at 8%. The total income from all 3 investments is $1600. The income from the 5% and 6% investments is the same as the income from the 8% investment. Find the amount invested at each rate.
A. $10,000 at 5%, $5000 at 6%, $10,000 at 8%
B. $10,000 at 5%, $10,000 at 6%, $5000 at 8%
C. $5000 at 5%, $10,000 at 6%, $10,000 at 8%
D. $8000 at 5%, $10,000 at 6%, $7000 at 8%
Answer: A
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