document.write( "Question 29531: Business and finance. 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?\r
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Algebra.Com's Answer #16308 by askmemath(368)\"\" \"About 
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The formula for Simple Interest is given by
\n" ); document.write( "\"SI+=+%28P%2AT%2AR%29%2F100\"
\n" ); document.write( "Where P = Principal, T= Time and R = Rate
\n" ); document.write( "Re-Arranging since we know SI,P and T
\n" ); document.write( "\"R+=+%28SI%2A100%29%2F%28P%2AT%29\"
\n" ); document.write( "\"R+=+%28165%2A100%29%2F%281500%2A1%29\"
\n" ); document.write( "R = 11\r
\n" ); document.write( "\n" ); document.write( "Now can you Solve for the second part?
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