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)![]() ![]() ![]() You can put this solution on YOUR website! The formula for Simple Interest is given by \n" ); document.write( " \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( " \n" ); document.write( " \n" ); document.write( "R = 11\r \n" ); document.write( "\n" ); document.write( "Now can you Solve for the second part? \n" ); document.write( " |