SOLUTION: im really stuck so can someone help me please :(?
solve the problem.
The interest on an investment varies directly as the rate of interest. If the interest is $60 when the in
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Question 453150: im really stuck so can someone help me please :(?
solve the problem.
The interest on an investment varies directly as the rate of interest. If the interest is $60 when the interest rate is 4.5%, find the interest when the rate is 4.2%. Round to the nearest whole number.
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
The interest on an investment varies directly as the rate of interest.
If the interest is $60 when the interest rate is 4.5%, find the interest when the rate is 4.2%.
:
We can use proportion here, let x = amt when int rate is 4.2
:
=
Cross multiply
4.5x = 4.2* 60
4.5x = 252
x =
x = $56
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