OpenStax, Elementary Algebra 2e §3.3 Solve Mixture Applications · Exercise 42 · Algebra · Algebra word problems
Solve Mixture Applications · Exercise 42
Solve each mixture word problem.
Avery and Caden have saved $27,000 towards a down payment on a house. They want to keep some of the money in a bank account that pays 2.4% annual interest and the rest in a stock fund that pays 7.2% annual interest. How much should they put into each account so that they earn 6% interest per year?
Its source prints no answer for this problem, so there's nothing to check against.
OpenStax, Elementary Algebra 2e · §3.3 Solve Mixture Applications · Exercise 42
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