SOLUTION: Kevin 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.

Algebra.Com
Question 94980: Kevin 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.
Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
Kevin 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.
------------
165/1500 = x/2500
x = (165/1500)*2500
x = $275 (amount of interest earned by an investment of $2500)
=================
Cheers,
Stan H.

RELATED QUESTIONS

Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by askmemath)
Kevin earned $165 interest for 1 year on an investment of $1500. at the same rate, what... (answered by checkley71)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by piglet162431)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by stanbon)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by checkley71)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by elima)
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate,... (answered by checkley71)
Terry earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by Nate,stanbon)
Business and finance. Kevin earned $165 interest for 1 year on an investment of $1500.... (answered by askmemath)