Solve the problem.A retired couple invested a total of $160,000. They invested some of the money in safe certificates of deposit yielding 7%. The remainder they invested in AA bonds yielding 10% per year. In the first year they made a total profit of $14,200. How much did they invest at each rate?

A. $100,000 at 7% and $60,000 at 10%
B. $100,000 at 10% and $60,000 at 7%
C. $110,000 at 10% and $50,000 at 7%
D. $90,000 at 7% and $70,000 at 10%


Answer: B

Mathematics

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