Grant receives $270 annual income from one investment. Jeff invested $3200 more than Grant, but at an annual rate of 1% less. Jeff's annual income is $496. Find the amount and rate of Grant's investment.
?

A. $3000, 9%
B. $3100, 8%
C. $4600, 8%
D. $4600, 9%
E. none of these


Answer: A

Mathematics

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