OpenStax, Elementary Algebra 2e §3.6 Solve Applications with Linear Inequalities · Review Exercise 82 · Algebra · Inequalities
Solve Applications with Linear Inequalities · Review Exercise 82
Solve each mixture word problem.
Enrique borrowed $23,500 to buy a car. He pays his uncle 2% interest on the $4,500 he borrowed from him, and he pays the bank 11.5% interest on the rest. What average interest rate does he pay on the total $23,500? (Round your answer to the nearest tenth of a percent.)
Its source prints no answer for this problem, so there's nothing to check against.
OpenStax, Elementary Algebra 2e · §3.6 Solve Applications with Linear Inequalities · Review Exercise 82
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