Robin split a total of $24,000 between two investments, X and Y. If investment Y earns 7 percent simple annual interest, how much of the total did Robin put into investment Y ?
(1) Each investment earns the same dollar amount of interest annually.
(2) Investment X earns 5 percent simple annual interest.
Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
EACH statement ALONE is sufficient.
Statements (1) and (2) TOGETHER are NOT sufficient.