Investment (2/3)
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Video Lecture 23 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: A total of \$6000 was invested, a portion at 6% and the remainder at 8%. The total amount of interest earned was \$450. How much was invested 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.