OpenStax, Elementary Algebra 2e §3.3 Solve Mixture Applications · Exercise 40 · Algebra · Algebra word problems
Solve Mixture Applications · Exercise 40
Solve each mixture word problem.
Vern sold his 1964 Ford Mustang for $55,000 and wants to invest the money to earn him 5.8% interest per year. He will put some of the money into Fund A that earns 3% per year and the rest in Fund B that earns 10% per year. How much should he invest into each fund if he wants to earn 5.8% interest per year on the total amount?
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 40
Stuck? A gentle nudge
No hints for this one.
Your working
Check your full solution
Upload photos of your handwritten work or a PDF, and Lemma will read it and tell you whether it's right — and where it first goes wrong if not.