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March 29, 2015

March 29, 2015

Posted by **Jordan** on Monday, March 9, 2009 at 7:23pm.

- algebra interest word problem -
**Reiny**, Monday, March 9, 2009 at 7:26pmthis problem has the same structure as the one I answered for you 4 minutes ago.

The only difference is that one has to conclude that the amount of interest is $166

let me know what rate you got.

- algebra interest word problem -
**Jordan**, Monday, March 9, 2009 at 7:32pmi don't know how to work it. didn't work out.

- algebra interest word problem -
**Reiny**, Monday, March 9, 2009 at 7:39pmJust like before

R = I/PT

= 166/(2000x2)

= 166/4000

= .0415

= 4.15%

- algebra interest word problem -
**Jordan**, Monday, March 9, 2009 at 7:46pmits $2166 NOT $166

- algebra interest word problem -
**Reiny**, Monday, March 9, 2009 at 7:48pmShe deposited 2000 and got back 2166

how much did she make ?

Isn't that the interest ?

- algebra interest word problem -
**Jordan**, Monday, March 9, 2009 at 8:11pmi don't know

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