Jesse receives an inheritance from his aunt's estate. If he invests twice as much in a mutual fund earning an 8.4% dividend than he invests in bonds earning a 4.3% dividend, and his annual dividends total $1033.90, how much does he invest in the mutual fund? Round to the nearest hundredth if necessary.
A. $6,081.77 in the mutual fund
B. $9,800.00 in the mutual fund
C. $12,163.53 in the mutual fund
D. $4,900.00 in the mutual fund
Answer: B
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