OpenStax, Elementary Algebra 2e §3.3 Solve Mixture Applications · Exercise 43 · Algebra · Algebra word problems
Solve Mixture Applications · Exercise 43
Solve each mixture word problem.
Dominic pays 7% interest on his $15,000 college loan and 12% interest on his $11,000 car loan. What average interest rate does he pay on the total $26,000 he owes? (Round your answer to the nearest tenth of a percent.)
OpenStax, Elementary Algebra 2e · §3.3 Solve Mixture Applications · Exercise 43
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