OpenStax, Elementary Algebra 2e §3.3 Solve Mixture Applications · Try It 16 · Algebra · Algebra word problems
Solve Mixture Applications · Try It 16
Marco has $8,000 to save for his daughter’s college education. He wants to divide it between one account that pays 3.2% interest per year and another account that pays 8% interest per year. How much should he invest in each account if he wants the interest on the total investment to be 6.5%?
OpenStax, Elementary Algebra 2e · §3.3 Solve Mixture Applications · Try It 16
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