SOLUTION: Kevin earned $165.00 interest for 1 year on an investment of $1500.00. At the same rate, what amount of interest would be earned by an investment of $2500.00?
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Question 41868This question is from textbook
: Kevin earned $165.00 interest for 1 year on an investment of $1500.00. At the same rate, what amount of interest would be earned by an investment of $2500.00?
Thanks!
This question is from textbook
Answer by checkley71(8403) (Show Source): You can put this solution on YOUR website!
165/1500=X/2500 OR 1500X=165*2500 OR X=412,500/1500 OR X=275 WOULD BE HIS INTEREST
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