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OpenStax, Algebra and Trigonometry 2e §2.3 Models and Applications · Exercise 38 · Algebra · Inequalities

Models and Applications · Exercise 38

For exercises 17 and 18, use this scenario: A retired woman has $50,000 to invest but needs to make $6,000 a year from the interest to meet certain living expenses. One bond investment pays 15% annual interest. The rest of it she wants to put in a CD that pays 7%.

A chemistry teacher needs to mix a 30% salt solution with a 70% salt solution to make 20 qt of a 40% salt solution. How many quarts of each solution should the teacher mix to get the desired result?

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OpenStax, Algebra and Trigonometry 2e · §2.3 Models and Applications · Exercise 38

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