SOLUTION: 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?

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Question 48646: 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?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
165/1500=.11 OR 11% EARNED. THUS 2500*.11=275