document.write( "Question 53604: 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 #35842 by piglet162431(90)![]() ![]() ![]() You can put this solution on YOUR website! i=prt \n" ); document.write( "that means that \n" ); document.write( "165=(1500)r(1) \n" ); document.write( "165=1500r \n" ); document.write( "r=.11 which is 11%\r \n" ); document.write( "\n" ); document.write( "now that we figured out the rate, we can figure out the amount of interest with investment of 2500\r \n" ); document.write( "\n" ); document.write( "i=(2500)(.11)(1) \n" ); document.write( "i=$275 \n" ); document.write( " \n" ); document.write( " |