Question 290856
SET UP A RATIO OF THE 2 INVESTMENTS & INTERESTS:
45/1,500=X/2,000 CROSS MULTIPLY
1,500X=45*2,000
1,500X=90,000
X=90,000/1,500
X=$60 WOULD BE THE INTEREST ON THE $2,000 INVESTMENT.
PROOF:
45/1,500=60/2,000
90,000=90,000