单选题
In a certain growth fund, 3/5 of the investment capital is invested in stocks, and of that portion, 1/3 is invested in preferred stocks. If the mutual fund has $846,000 invested in preferred stocks, what is the total amount of money invested in the fund? A. $1,974,000 B. $2,538,000 C. $3,264,000 D. $3,826,000 E. $4,230,000
【正确答案】
E
【答案解析】If 846,000 is 1/3 of the total amount in stocks, then 846,000×3=2,538,000 invested in stocks. If 2,538,000 is 3/5 of the total, then multiply 2,538,000 times 5/3 to get the total amount in the fund: 4,230,000.