BackCollege Algebra Study Notes: Mixture and Investment Word Problems
Study Guide - Practice Questions
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- #1 Multiple ChoiceAn investor has $2900$ to invest in two accounts. One account yields $12\%$ annual interest, and the other yields $8\%$ annual interest. If the investor wants to earn a total annual income of $290$, how much should be invested in each account?
- #2 Multiple ChoiceA nurse needs to mix a $12\%$ medication solution with an $8\%$ solution to obtain $20$ cc of a $9\%$ solution. How many cc of the $12\%$ solution should be used?
- #3 Multiple ChoiceGiven the equation $17x + 0.08y = 290$ and $x + y = 2900$, which system of equations best models the investment scenario where $x$ is the amount invested at $12\%$ and $y$ at $8\%$?
Study Guide - Flashcards
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- Mixture Problems with Concentrations6 Questions
- Basic Algebraic Equations and Applications5 Questions