document.write( "Question 110158: 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? \n" ); document.write( "
Algebra.Com's Answer #80317 by elima(1433)\"\" \"About 
You can put this solution on YOUR website!
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?
\n" ); document.write( "=================================================
\n" ); document.write( "I=PRT
\n" ); document.write( "I=interest
\n" ); document.write( "P=principal
\n" ); document.write( "R=rate
\n" ); document.write( "T=time
\n" ); document.write( "Now substitute with information given;
\n" ); document.write( "165=1500R(1)
\n" ); document.write( "165=1500R
\n" ); document.write( "\"165%2F1500=R\"
\n" ); document.write( ".11=R
\n" ); document.write( "Now that we know the rate, lets use the same rate to get the next interest earned;
\n" ); document.write( "I=2500(.11)(1)
\n" ); document.write( "I=275
\n" ); document.write( ":)\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );