Solve the problem.Ms. Adams received a bonus check for $12,000. She decided to divide the money among three different investments. With some of the money, she purchased a municipal bond paying 5.8% simple interest. She invested twice the amount she paid for the municipal bond in a certificate of deposit paying 4.1% simple interest. Ms. Adams placed the balance of the money in a money market account paying 3.1% simple interest. If Ms. Adams' total interest for one year was $428.40, how much was placed in each account?
A. municipal bond: $1200
certificate of deposit: $2400
money market: $8400
B. municipal bond: $700
certificate of deposit: $1400
money market: $9900
C. municipal bond: $950
certificate of deposit: $1900
money market: $9150
D. municipal bond: $1700
certificate of deposit: $3400
money market: $6900
Answer: A
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