SOLUTION: word problem that I need help with Keiven earned $165 interest for 1 year on an investment of $1500. At the same rate what amount of interest would be earned by an investment of

Question 88865: word problem that I need help with
Keiven earned $165 interest for 1 year on an investment of $1500. At the same rate what amount of interest would be earned by an investment of $2500.00.
Thank a million
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Keiven earned $165 interest for 1 year on an investment of $1500. At the same rate what amount of interest would be earned by an investment of $2500.00.
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Let x be the amt of interest on $2500
x/2500 = 165/1500
x = 2500(165/1500)
x = $275
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Cheers,
Stan H.

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