Solve the problem.Kevin invested part of his $10,000 bonus in a certificate of deposit that paid 6% annual simple interest, and the remainder in a mutual fund that paid 11% annual simple interest. If his total interest for that year was $800, how much did Kevin invest in the mutual fund?

A. $5,000
B. $4,000
C. $3,000
D. $6,000


Answer: B

Mathematics

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