Solve the following word problems and show the solution. Thank you! :)
â
You inherit $56,000 from a very wealthy grandparent, with the stipulation that for the first year, the money must be invested in two stocks paying 4% and 10% annual interest, respectively. How much should be invested at each rate if the local interest earned for the year is to be $3200? A) $16,000 invested at 4%: $40,000 invested at 10% B) $30,000 invested at 4%: $26,000 invested at 10% C) $40,000 invested at 4%: $16,000 invested at 10% D) $26,000 invested at 4%: $30,000 invested at 10% During an intramural basketball game, Team A scored 12 fewer points than Team B. Together, both teams scored a total of 146 points. How many points did Team A score during the game? A) 73 points B) 67 points C) 68 points D) 79 points