Solve the problem.You have $50,000 and wish to invest part at 10% and the rest at 6%. How much should be invested at each rate to produce the same return as if it all had been invested at 9%?
A. $37,500 at 6%, $12,500 at 10%
B. $37,000 at 10%, $13,000 at 6%
C. $37,000 at 6%, $13,000 at 10%
D. $37,500 at 10%, $12,500 at 6%
Answer: D
Mathematics
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Mathematics