OpenStax, Elementary Algebra 2e §3.3 Solve Mixture Applications · Exercise 41 · Algebra · Algebra word problems
Solve Mixture Applications · Exercise 41
Solve each mixture word problem.
Stephanie inherited $40,000. She wants to put some of the money in a certificate of deposit that pays 2.1% interest per year and the rest in a mutual fund account that pays 6.5% per year. How much should she invest in each account if she wants to earn 5.4% interest per year on the total amount?
OpenStax, Elementary Algebra 2e · §3.3 Solve Mixture Applications · Exercise 41
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