SOLUTION: Each month, the amount of simple interest earned in an account that varies directly with the starting amount in the account. Suppose that a starting amount of $7100 earns $426 inte
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Question 652749: Each month, the amount of simple interest earned in an account that varies directly with the starting amount in the account. Suppose that a starting amount of $7100 earns $426 interest in a month. what is the starting amount that earns $510 interest in a month?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
7100/426=x/510
426x=3621000
x=3621000/426
x=$8500
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