?In the following exercises, solve each mixture word problem.Vern sold his 1964 Ford

Chapter 3, Problem 200

(choose chapter or problem)

In the following exercises, solve each mixture word problem.

Vern sold his 1964 Ford Mustang for $55,000 and wants to invest the money to earn him 5.8% interest per year. He will put some of the money into Fund A that earns 3% per year and the rest in Fund B that earns 10% per year. How much should he invest into each fund if he wants to earn 5.8% interest per year on the total amount?

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