SOLUTION: Trey is making an investment of (x-11) dollars. The rate of the interest on the investment is (x-11) percent. What is the interest gained after one year. (Hint: interest =princi

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Question 181514This question is from textbook Saxon Algebra 1
: Trey is making an investment of (x-11) dollars. The rate of the interest on the investment is (x-11) percent. What is the interest gained after one year. (Hint: interest =principle x rate x time; i = prt)
 This question is from textbook Saxon Algebra 1

Answer by HyperBrain(694) About Me  (Show Source):
You can put this solution on YOUR website!
Joke! Why is there a hint? Anyway, proceeding, you are right I=Prt
+ where I=interest
+ P=principal
+ r=rate
+ t=time
So, P=x-11 r=x-11 t=1 (year). Then
I=(x-11)(x-11)(1)=(x-11)2=$(x2-22x+121)
+++
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