Investment (1/3)
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Video Lecture 22 of 62
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### Lecture Description

Word problems are challenging, but rewarding once you learn how they're done! Let's take a look at another word problem. This problem deals interest rate percentages.

Problem Text: Mary invested a certain amount of money at a 10% interest rate and \$2000 more than that at a 12% interest rate. Her total yearly interest earned is \$1340. How much money did she invest at each rate?

### Course Description

Your favorite school teacher Michel van Biezen introduces you to solving word problems in Algebra, touching on a variety of practical applications including: mixture problems, sum of consecutive integers, calculating age, number problems, rate and distance problems, percentages, investment calculations, rates of performing work, determining the equation based on two points, finding the slope and X and Y intercepts, solving word problems with two variables, and much more.

His videos are short and straight-forward, presenting the problems clearly, with explanation, and a thorough solution.