Solve.How can $56,000 be invested, part at 4% annual interest and the remainder at 10% annual interest, so that the interest earned by the two accounts is equal at the end of the year?

A. $30,000 invested at 4%; $26,000 invested at 10%
B. $26,000 invested at 4%; $30,000 invested at 10%
C. $40,000 invested at 4%; $16,000 invested at 10%
D. $16,000 invested at 4%; $40,000 invested at 10%


Answer: C

Mathematics

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Mathematics