Omar has invested a fraction 3/13 of his savings in an account that pays an annual interest rate of 2%, a fraction 5/22 in an account that pays an annual interest rate of 9%, and the rest in an account that pays an annual interest rate of 15%. What average return (in percentage terms) does Omar get on his total investment? If he earned $920 in interest, how much did he invest in each account?
Omar has invested a fraction 3/13 of his savings in an account that pays an annual interest rate of 2%, a fraction 5/22 in an account that pays an annual interest rate of 9%, and the rest in an account that pays an annual interest rate of 15%. What average return (in percentage terms) does Omar get on his total investment? If he earned $920 in interest, how much did he invest in each account?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.7: Mixture Problems
Problem 7P
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