• Choice C

    Savings account =4%= 4\% of total. If savings = \100$:

    Total=1000.04=$2,500\text{Total} = \frac{100}{0.04} = \$2,500

    Equities =(2x+4)%= (2x + 4)\%. Since all percentages sum to 100%100\%:

    4+x+(2x+4)+50=1004 + x + (2x + 4) + 50 = 100 3x+58=1003x + 58 = 100 3x=42x=143x = 42 \Rightarrow x = 14

    Equities =2(14)+4=32%= 2(14) + 4 = 32\%

    0.32×2,500=$8000.32 \times 2,500 = \$800

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