Solve the problem.Alan invests a total of $19,000 in three different ways. He invests one part in a mutual fund which in the first year has a return of 11%. He invests the second part in a government bond at 7% per year. The third part he puts in the bank at 5% per year. He invests twice as much in the mutual fund as in the bank. The first year Alan's investments bring a total return of $1630. How much did he invest in each way?
A. $9400 in mutual fund, $4900 in bond, and $4700 in bank
B. $10,000 in mutual fund, $4000 in bond, and $5000 in bank
C. $10,000 in mutual fund, $5000 in bond, and $5000 in bank
D. $10,600 in mutual fund, $3100 in bond, and $5300 in bank
Answer: B
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