A total of $98,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds
1 answer:
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For this case we must find 35% of 280.
Kerrie gets 10% and then 25%. So:
10% of 280:
280 ------------> 100%
x -----------------> 10%
Where "x" represents the amount given by 10% of 280.
Thus, 10% of 280 is 28.
Now, we find 25% of 280:
280 ------------> 100%
x -----------------> 25%
Where "x" represents the amount given by 25% of 280.
Thus, 25% of 280 is 70.
So we have that 35% of 280 is given by:
So, Kerrie's solution is correct.
Answer:
Option A