How Do You Solve a More Complicated Interest Problem?

Curated and Reviewed by Lesson Planet

This word problem on simple interest has a bit of a twist. When you read this word problem it boggles the mind. I know, it boggled mine. But never fear, the instructor takes you through this seemingly complicated interest problem step-by-step, and it makes sense.

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Concepts

interest, combining like terms, simplifying expressions, equations, percents, rates, systems of equations, two variables

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